LONDON, 22 November 2011 - Gold investors are warned to expect more volatility ahead by BullionVault head of research, Adrian Ash, quoted after a phone interview with the Wall Street Journal in New York.
"Some investors buy gold on the belief that it holds its value well during economic turmoil, but that relationship hasn't held true in recent months when fears of a European credit crunch dominated trading," says the WSJ, the best-selling daily paper in the United States and New York's financial paper of record.
"You've got to anticipate broader volatility and we certainly see it in gold," the WSJ quotes Adrian. "This is where it gets difficult for gold investors, because it's not acting as prescribed."
Subscribers can read the WSJ's full report here...
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