In the Press
Media coverage of BullionVault

MSN Money: Gold Gains, Silver at 31-Year High

LONDON, 4 March 2011 - Comments and analysis from world-leading gold ownership service BullionVault feature today in TheStreet.com's daily precious metals report for MSN Money, part of the world's 11th most popular website.

"Working against gold are comments from European Central Bank president Jean-Claude Trichet Thursday that the central bank might raise interest rates as early as April," says TheStreet's senior writer Alix Steel.

But "For all Trichet's tough talk, he's no Charlie Bronson," she quotes Adrian Ash, head of research at the award-winning $1bn gold service, BullionVault.

"Raising rates to a mere 100 basis points below inflation is a long way from 'vigilant'," Adrian says.

Investors buy gold when real interest rates are negative, explains the MSN article.

You can read Adrian's full comments now at MSN Money...


Gold bullion - Buy online at live gold prices.

Source: 
MSN Money