LONDON, 21 April 2014 – Gold bullion and gold mining stocks have rebounded in 2014, says The Daily Telegraph, citing comment from world-leading private investor service BullionVault.
"The miners were horribly beaten down last year...a rebound was to be expected," says The Telegraph – Britain's biggest quality print daily, with over half-a-million copies sold on average – quoting BullionVault head of research Adrian Ash.
So while the start of 2014 has seen a drop in the broader stock market, Adrian explains, "A lot of the panic selling, a lot of the stale longs in gold and, by extension, gold miners, had already gone."
You can read BullionVault's full comments at Telegraph.co.uk:
Gold rally helps metals producers buck the FTSE’s downward trend
Source:
The Daily Telegraph
