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FT Money: Summer bargains in gold

LONDON, 1 August 2009 - Research from gold-dealing and ownership service BullionVault features today in the FT Money section of the Financial Times' weekend edition.

Speaking to FT Money editor Matthew Vincent, "Investors looking to defend their savings might want to act sooner rather than later," suggests BullionVault head of research Adrian Ash, pointing to a clear seasonal pattern in gold prices over the last four decades.

On twenty separate occasions since 1969, the gold price dipped in the summer before rising to the year's end and finishing higher than it began. These "summer sales" - the most common pattern for gold prices across the 40 years studied - gave UK investors who bought in the lowest-priced month between June and September an average 13.7% gain over the following six months.

To review BullionVault's research in more depth, read the FT Money article here...


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Source: 
FT Money