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Proactive Investors: Record gold price not deterring investors

LONDON, 3 March 2011 - Gold investment demand continues to grow despite the record-high price says BullionVault head of research Adrian Ash, interviewed today by Proactive Investors - the multi-national, multi-media financial news portal.

Talking to former Bloomberg and BBC TV news anchor Jeremy Naylor, "Retained wealth is still seeking to move into gold [even] at a time of record-high prices," says Adrian, commenting on BullionVault's client-holdings of physical gold growing above the $1 billion mark.

"Good products will win," says Adrian. "We have a very low cost, very secure offering [for] private individuals who want to own physical gold, off risk."

Stressing the "insurance" aspect of gold's post-war performance, Adrian points out that "Gold is not a commodity. It doesn't vanish in its use..." This means there's a large outstanding stock above-ground, which new gold-mining output barely affects.

"What matters in the gold market is supply and demand from existing holders," Adrian says.

You can watch his 4-minute interview with Proactive Investors on YouTube here...


Gold bullion - Buy online at live gold prices.

Source: 
Proactive Investors