LONDON, 4 April 2009 - BullionVault.com - the UK's No.1 provider of physical gold to private investors - today features in a report on "bargain hunting" in gold by This Is Money, the online financial site from the Daily Mail.
"Investors tend to buy in a falling market," the site quotes Adrian Ash, head of research at BullionVault. "If savers have been considering buying into gold, now could be a good opportunity."
This Is Money's report also quotes a stockbroker advising "caution" in the gold market, plus a survey from Barclays that says a third of existing gold investors believe the metal has already topped out, while another third think now may be a good time to buy. A further 18% are going to hold onto their current position.
"Gold has a proven track record of being relatively stable in terms of purchasing power over long periods of time," notes Tom Elliott of J.P.Morgan Asset Management, also speaking to This Is Money.
"Gold is a key asset to watch, because it is the ultimate barometer of confidence - confidence in the policies of Washington, London, Tokyo...confidence in the inflationary outlook, in the outlook for productive endeavour, and for the performance of other rival assets."
To read This Is Money's full report now, visit their site here...
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