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MarketWatch: Why People Buy Gold

LONDON,16 March 2012 - Comment from world-leading gold ownership service BullionVault today features in a precious-metals report from MarketWatch, the finance news-site from the Dow Jones group of companies and currently one of the United States' top 200 websites.

"Consumer prices are accelerating, and inflation expectations are higher still," says Adrian Ash, head of research at BullionVault.

"Together with bargain-hunting by Asian consumers, that's likely to put a floor under gold soon enough. People buy gold when they fear inflation ahead."

Read the full story at MarketWatch here...


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Source: 
MarketWatch