LONDON, 1 March 2011 - Secure, low-cost gold trading and ownership service BullionVault is now caring for more than US$1 billion of physical gold property on behalf of its clients, reports Dow Jones Newswires.
"The steep increase is a reflection of continued demand for gold as a store of wealth," the newswire quotes BullionVault, the world's No.1 gold-investment provider online.
"By volume, BullionVault customers now own more than 22 metric tonnes of physical gold, the equivalent to total gold holdings in Morocco and 4.5 tons more than in Sri Lanka," says Dow Jones. "[Its clients'] silver holdings now stand at more than 150 tonnes."
Reaching the $1bn milestone, BullionVault now has over 21,000 customers in 97 countries worldwide.
You can read the full Dow Jones Newswires report here...
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