Gold investors urged to look to emerging markets
Investors looking to gain the best from metals - including gold bullion - have been advised that the emerging markets are currently the best places to turn to.
Speaking to the Canadian Press, Gavin Graham of the Guardian Group of Funds said that markets such as China currently hold the best growth prospects for metals investors.
However, anyone considering such a move should "be a believer in the growth and demand from emerging markets to feel comfortable", he added.
According to the World Gold Council, consumer demand for gold in China rose by 26 per cent between 2006 and 2007 to reach 326 tons.
The country also leapfrogged over the US to become the second largest volume retail market for gold jewelry after India. Demand for jewelry in China rose to 302 tons last year, the WGC said good news for those with gold investments in the country.
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