LONDON, 21 June 2010 - Dow Jones Newswires today reports the £12.5m investment ($18.5m) in BullionVault made by mining-backed marketing group the World Gold Council and e-commerce fund Augmentum Capital, which is backed by the FTSE-250 Rothschild Investment Trust.
"We will work together with BullionVault to further develop the physical gold investment market and to ensure that investors are able to protect their wealth by holding gold," the newswire quotes Marcus Grubb of the World Gold Council, who is joining the Board at BullionVault following its minority stake investment.
Launched in 2005, BullionVault's online gold investment platform has now attracted more than 18,500 people from 97 countries. Between them, they own more than 20 tonnes of gold bullion, worth over $800m.
Read the full Dow Jones report here.
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