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ThisIsMoney: Advice on Gold as Price Plunges

LONDON, 20 July 2015 – Comment from BullionVault on how gold investors should respond to this new drop in prices is published today by ThisIsMoney, the financial webpages of the UK's Daily Mail, the world's most visited news site.

"UK gold investors now anxious about today's drop will regret not selling sooner," says Adrian Ash, head of research at BullionVault. "It's worth reviewing the reasons why you invested, and seeing if they still hold true."

Bullish reasons to own gold now contrast starkly with the bearish sentiment of professional money managers and traders, Adrian says. So "long-term gold owners should expect a bumpy ride short term."

BullionVault users, he adds, "remain heavy buyers on these latest price drops" as a group.

Read the full story at ThisIsMoney here;

Why has gold plunged to five-year lows – and will a US rate hike send it spiralling below $1,000?

Source: 
ThisIsMoney