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Telegraph: Gold investors add 43pc to holdings of bullion

LONDON, 2 July 2009 - BullionVault - the market-leading service for private investors to buy and sell physical gold online - saw its clients' holdings of gold grow by 43% in the first 6 months of 2009, reports the Daily Telegraph today.

"While politicians argue over 'green shoots' in the economy," the paper quotes Adrian Ash, head of research, "the number of private individuals buying physical gold continues to grow.

"With global interest rates now at zero or near, cash savers are joining stock market investors in seeking a strong crisis and inflation hedge."

You can read The Telegraph's report on its website here.


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Source: 
Telegraph