LONDON, 22 July 2016 – Comment from BullionVault is quoted today by Gulf News, the best-selling English language newspaper in the United Arab Emirates.
Founded in 1978, and now with daily sales above 100,000 and 3.5 million monthly website visits, "The gold market is being driven by the direction of stock prices at the moment," Gulf News in Dubai quotes Adrian Ash, head of research at BullionVault in London, republishing a report from news and data agency Bloomberg.
"When equities are riding as high as they have been, there’s very little interest in gold and vice versa."
You can read the Bloomberg story reprinted by Gulf News here:
Source:
GulfNews
