LONDON, 10 March 2016 – Comment from BullionVault today leads the latest gold-price report from leading US financial news-site MarketWatch.
Looking at today's decision and press conference on negative interest rates and QE from the European Central Bank, "Draghi can't even weaken the Euro by slashing deposit rates to minus 0.4% and printing yet more [quantitative easing]," MarketWatch quotes BullionVault head of research Adrian Ash in London.
"But he has made it three times more expensive to hold cash at the ECB than to store and insure large-bar gold in secure vaults."
See the full report at MarketWatch here:
Source:
MarketWatch
