LONDON, 23 March 2016 – The Italian edition of professional investor news and opinion site CityWire today quotes BullionVault head of research Adrian Ash on the key drivers of this year's sharp rally in gold prices.
Explaining why gold failed to jump Tuesday following the bombings in Brussels, "Gold does not react to this kind of event," says Adrian,
Calling BullionVault a "major online platform for the exchange of physical gold", CityWire looks at the jump in ETF trust-fund holdings, plus other signs of renewed investor interest.
"Gold reacts to monetary policy," explains Adrian, "and that is why it has been so strong so far this year. In the final analysis...gold does best when there is no confidence in central banks, which is what is happening now."
Read the article in Italian at CityWire here:
Una nuova corsa all'oro? Ecco le ragioni dietro al rally del lingotto