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MorningStar: Buy Gold for Insurance, Not Gains

LONDON, 4 August 2016 – Financial ratings and news site MorningStar today quotes BullionVault comment and analysis in a report on this year's strong rise in gold prices.

"Investors [are] warned not buy gold in the hope of greater returns [but] instead the yellow metal should be held as insurance against a market crisis," says the site, quoting Adrian Ash, head of research at the online bullion dealers.

Historical data proved it is "wise" to buy gold as a protection. Because "owning gold alongside shares and bonds consistently reduced risk and smoothed returns for UK investors over the last 40 years," Adrian explains.

To read more, and see how much a little gold would have cut losses around the 2008 Lehman's crash, go to MorningStar here:

Market Update Investors Warned: Don't Buy Gold for Gains 

Source: 
MorningStar