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TheStreet: Gold Prices Fall as S&P Downgrades France

LONDON, 13 January 2012 - Comment from gold and silver exchange BullionVault today features in a report on the latest action in gold prices from TheStreet, the US finance and investment news-site.

"With gold you own physical property," says Adrian Ash, head of research at BullionVault. "You are not a creditor anymore with gold."

This "anchoring will be very appealing to investors looking to protect against uncertainty over paper money," says Alix Steel, senior reporter with TheStreet in New York.

Quoted alongside analysts from RBC Capital Markets and Credit Suisse, Adrian says there are risks to the gold price in 2012. He points to slowing growth in China, lackluster Indian demand, and the worsening sovereign debt crisis.

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


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Source: 
TheStreet