LONDON, 6 December 2010 - Specialist metals market weekly Metal Bulletin today features comment from private-investor trading and ownership service BullionVault in a detailed report on the booming gold market.
?Physical gold is gaining in popularity as an investment,? notes the magazine, first published in 1913 and now 'the Bible' for the world's steel and base metals industry, with an annual subscription charge above £1100 in the UK and above $2700 in the US.
?The Chinese are a huge part of the story,? Metal Bulletin quotes BullionVault head of research Adrian Ash, interviewed exclusively for this week's Focus
?It's hard to overstate the role played by Chinese households in gold's current bull market. Nearly 16% of global gold demand went to Chinese households between July and October this year. More critically, private Chinese consumers bought as much gold in the last two-and-a-half years as the People's Bank of China owns in total.?
Also noting the ?key fact? for strong and growing Western gold investment that ?most countries are determined to keep interest rates down, some way below inflation levels,? Adrian's analysis is featured alongside other expert comment from the World Gold Council's Marcus Grubb and London's VM Group consultancy.
Metal Bulletin subscribers can read the gold-market focus in this week's magazine, or at the Metal Bulletin website here...
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