LONDON, 18 July 2008 -- Volatile stock markets and "a lack of confidence in the UK banking system" has boosted demand for gold bars, reports The Daily Telegraph - the UK's largest-circulation quality newspaper - citing BullionVault in its report.
"Gold is always a popular choice of investment when the economy slows," the paper quotes BullionVault founder Paul Tustain.
"Tens of thousands of investors have rushed to buy gold from bullion dealers over the past year," the Telegraph adds. You can read the entire article at its website here.
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Source:
Daily Telegraph
