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TheStreet.com: Gold Prices Finding Support

LONDON, 17 November 2010 ? World-leading gold trading and ownership service BullionVault appears today in the latest precious-metals report from TheStreet.com ? one of the world's 15 most popular investment sites.

Considering this week's rise in East Asian interest rates, "The real-rate imperative to buy gold [still] remains strong," TheStreet quotes Adrian Ash, head of research at BullionVault, noting the gap between interest rates and inflation for Chinese cash savers.

"With India's festival season running into the Chinese New Year between now and February, pullbacks like we got Tuesday are likely to meet good physical bids in Asian trade," says Ash.

You can read TheStreet's full report here...


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Source: 
TheStreet.com