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Wealth Briefing: BullionVault Reports New Record Holdings

LONDON, 14 June 2012 - Users of world-leading gold ownership service BullionVault have grown their holdings above 30 tonnes of physical gold bullion, says financial advisors' site Wealth Briefing today.

"Gold prices may have come 'off the boil'," says Wendy Spires, the magazine's deputy editor in London, "having fallen by 15% from last summer's record levels.

"But BullionVault suggests that actually savvy investors are using this decline as a chance to build up their holdings against a backdrop of continued economic uncertainty."

Private bank Coutts last month agreed with the view of BullionVault's gold-buying users, says Wealth Briefing, saying that "Gold is offering good value and remains an important hedge at a time when the outlooks for inflation, currency levels and sovereign debt in developed economies appear unstable."

Subscribers to Wealth Briefing can read the full report here...

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Wealth Briefing