LONDON, 14 Jun 2012 - The latest phase of the Eurozone crisis has seen private investors push their physical gold holdings at BullionVault above 30 tonnes, reports The Daily Telegraph today.
"Demand for gold has risen 50% since last year," says the UK's best-selling broadsheet newspaper, "and BullionVault now holds gold worth more than £1bn on behalf of private investors. It is the first time it has broken the £1bn barrier."
The Telegraph quotes Adrian Ash, head of research at BullionVault, who explains that "Increasing numbers of people are becoming disillusioned with the credit-risk and low returns of traditional high street saving products."
You can read the full report at Telegraph.co.uk or syndicated here by Finance Yahoo.
Gold bullion - Buy online at live gold prices.
Source:
Daily Telegraph
