NEW YORK, 21 February 2014 – Comment from BullionVault's Miguel Perez-Santalla features today in global news-wire Reuters' latest report on the gold market, which saw prices rise from last Friday for the third week running.
"The metal's ability to hold above key technical support at $1200 an ounce earlier this year rekindled fund interest to buy gold," says the Reuters' report, citing Miguel's analysis.
"I believe that the large investment firms have rebalanced their portfolios to include gold," he adds. "And that is a main factor sustaining gold and may drive prices up into the future."
You can read the full report at Reuters here:
Gold price logs 3rd straight weekly gain on US economic worries
Source:
Reuters
