LONDON, 4 October 2011 - New sales of physical gold bullion by BullionVault doubled in the third quarter compared with July-Sept. last year, reports the Reuters news-wire today.
"Sales of the precious metal [reached] 2.9 tonnes," says Reuters in its widely syndicated report, "BullionVault's highest sales volume since the first quarter of 2009."
Quoting head of research Adrian Ash, "The bulk of new accounts were opened in August," the newswire goes on, "but sales were also strong in September as buyers took advantage of a sharp drop in gold prices to buy into the market.
"The company's silver holdings also increased to a record 228.3 tonnes, up 22.3% [from the end of June]. Silver inflows last quarter rose to a record 41.6 tonnes."
You can read the full report from Reuters here...
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