LONDON, 21 August 2012 - The personal finance magazine from Japan's leading business newspaper, the Nikkei, today carries a special report on BullionVault's "incredibly low cost" gold and silver exchange.
Part of a two-page feature on London's gold market, "BullionVault is the world's first online gold bullion trading platform," says Nikkei Money's report. It was founded by Paul Tustain - "an entrepreneur in financial software companies, who found for himself how high the cost of trading physical gold was for private investors, including the spread and low liquidity.
"Currently BullionVault has 40,000 client accounts, and it holds 30 tonnes of gold for its clients. It has momentum to overtake the amount of gold held by the Brazilian central bank."
Looking at BullionVault's advantages to the private investor, "The #1 reason why the number of BullionVault users is increasing rapidly is the low trading cost," says Nikkei Money. It compares BullionVault against Japan's leading bullion dealer - and finds that using BullionVault costs less than half as much for Japanese investors.
Nikkei Money subscribers can read the full report - in Japanese - in the September 2012 edition.
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