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Wall Street Journal: Gold shoots to a record as Europeans seek safety

LONDON, 12 May 2010 - The United States' best-selling newspaper, the Wall Street Journal, today features in both its print and online editions.

Reporting on gold's new record highs against both the Dollar and Euro currencies, the WSJ quotes figures from - the world-leading gold trading and ownership service online - to show how "Europeans are leading an exodus out of the Euro and into gold."

"The Euro's fall was halted only briefly early this week, when European governments announced a $1 trillion bailout package aimed at supporting troubled nations," says the Journal, adding that - so far in May - some 39% of BullionVault's new customers have come from the Eurozone, compared to 21% on average since the start of 2009.

You can read the full report at the Wall Street Journal here.

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Wall Street Journal