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CityWire: Believe in Gold? Buy Silver

LONDON, 25 October 2010 ? Investor demand for silver bullion is surging at world-leading gold trading and ownership service BullionVault, reports the independent, FSA-registered fund-rating and news site CityWire.

"Investor interest in silver has accelerated over the last five weeks according to BullionVault," CityWire says, "[with] the number of people opening silver accounts increased by 23%..."

"People who buy gold do so because they are fearful about what they think is going to happen to other assets," the site quotes Adrian Ash, head of research at BullionVault.

"People who buy silver are acting very much more on a capital gains motive."

Adrian goes on to reveal why silver is more volatile than gold, highlighting how ? over the last 42 years ? every 1% move in gold has been matched by a 1.75% move in silver prices.

You can read more on the case for silver investment at CityWire here...


Gold bullion - Buy online at live gold prices.

Source: 
CityWire