LONDON, 24 May 2010 ? Adrian Ash, head of research at BullionVault.com, today speaks to leading finance website TheStreet.com about why gold prices are rising.
"When there's a flight to safety, people turn to cash ? and cash still means Dollars worldwide," says Ash. "That hasn't changed, despite the last 10 years.
"But alongside their Dollars, big institutions and wealthy investors are also buying gold."
That makes gold a true "Dollar Hedge" at the moment, says Ash ? a market event seen four times during the global financial crisis to date.
To hear Adrian's interview now, go to TheStreet.com here.
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Source:
TheStreet.com
