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MarketWatch: Gold Futures Close at Record

LONDON, 13 July 2011 - Comments from world-leading gold bullion trading and ownership service BullionVault lead a report from US finance site MarketWatch on the record-high price of gold today.

"Inflation and deflation have now been slugging it out for over a decade," the news service quotes Adrian Ash, head of research at the London-based service - now caring for more than $1.12 billion in physical gold for its users.

"Physical gold remains an obvious, sensible refuge for private savings caught in the middle...A European debt-default, plus QE3 in the States, would make the perfect storm yet again."

You can read Adrian's comments in full at MarketWatch here...

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