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Bloomberg: Gold to Be Supported by Low Rates, Debt Risk

LONDON, 5 January 2010 ? London-based gold trading and storage provider BullionVault is today quoted extensively by Bloomberg, the global information and news source, on its institutional-subscriber service.

Highlighting five key elements from the 2010 outlook issued by BullionVault head of research Adrian Ash, "Gold demand may be supported this year by low interest rates and the risk of debt defaults," says Bloomberg.

"Central-bank watchers are split as to when the Federal Reserve, European Central Bank, Bank of Japan and Bank of England will start raising rates," says Ash.

"But whatever nominal hikes (or the mere threat) do to gold prices short term, strong returns to cash savers remain a long way off."

Bloomberg users can access the full story on their terminal. Or you can read BullionVault's 2010 Outlook for free on its Gold News site.

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