LONDON, 12 April 2013 - Today's sharp drop in the gold price may soon end, says BullionVault head of research Adrian Ash, quoted by Telegraph.co.uk, website of the UK's best-selling quality paper.
"I think it's hard to see quite dramatic falls in gold from here," Adrian explains, "because the monetary environment still remains very accommodative.
"Even with inflation turning higher, it's difficult to see the circumstances right now under which central banks would raise interest rates in response."
You can read The Telegraph's full report here:
Gold Enters Bear Market as Price Plunges Below $1,500
Gold bullion - Buy online at live gold prices.
Source:
Telegraph.co.uk
