LONDON, 7 December 2016 – Comment and analysis from BullionVault features today in a report from London's financial district daily paper City AM on the different motivations for investing gold amongst nations worldwide.
"During the stock market boom from 1980 to 2000, the UK's banks stopped selling physical gold over the counter," says today's edition of the newspaper, quoting BullionVault head of research Adrian Ash alongside an exchange-traded trust fund analyst, a gold-mining investment fund manager, and a UK bullion retailer.
"London is still the global capital for trading wholesale, but bars and coins are rarely found on Britain's high streets" – a start contrast to Germany, Austria and Switzerland, and very different to "less stable markets" in emerging economies such as Turkey.
Uniting gold buyers however, "It seems that distrust in a government, and the currency it controls, is the primary motivation for buying gold, however you choose to hold it," concludes the daily free-sheet's deputy money editor Will Railton.
Read the full report online at City AM here:
