LONDON, 14 January 2011 - News agency the Associated Press today features comment and tips from Adrian Ash - head of research at the UK's No.1 gold-ownership service BullionVault - in a widely-syndicated report on retail-giant Tesco moving into the "cash for gold" market.
"The market in scrap gold has expanded in the West by more than 1,000% over the last decade," Adrian says in the article, republished by many news-syndication and regional newspaper sites.
Noting the transparency and competition which Tesco's aggressive pricing brings to the market, "From now on, who will want to use the smaller companies unless they are more explicit about the prices they are prepared to pay and they can demonstrate that they offer a much better deal?" he asks, adding that Tesco look determined to "dominate" the sector.
You can read the AP's full article on TalkTalk's news site here...
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