LONDON, 11 April 2017 – BullionVault head of research Adrian Ash was a guest today on India's CNBC TV-18, the financial news channel for top investing site Money Control.
Speaking to commodities anchor Manisha Gupta, "I don't see any fear trade at present, the market doesn't believe we're sleep-walking into World War 3," said Adrian, rejecting the idea that current political headlines are driving a 'safe haven' rush to gold.
Indeed, "We've seen customers taking profit on BullionVault," he explained.
Today's interview came a week after Adrian also spoke to Money Control about gold's price performance across the first quarter of 2017, its eighth positive return for Q1 of the last 10 years.
"That contrasts with a strike rate of just 1-in-2 over the previous four decades," Adrian said, noting the impact of Chinese New Year ("now bigger even than Diwali" thanks to China's deregulation of physical gold) as well repeated "January jitters" over the political and financial outlook for the year ahead.
Watch today's interview at Money Control here:
