LONDON, 16 April 2014 – Investors should reconsider last year's sell-off in gold, says The Times of London, quoting analysis from BullionVault, because of the long-term growth in demand from Asia's strongest economies.
Forecasting 19% growth in China's private sector gold demand by 2017, market development organization the World Gold Council is very "bullish" on Asia's outlook says The Times, the UK's longest-running daily and considered to be its paper of record.
That view "is shared by Adrian Ash, head of research at BullionVault.com, an online physical gold and silver exchange," says The Times.
"It makes sense for long-term investors here," says Adrian, "to buy a little of what households in Asia's fastest-growing economies first buy when they get discretionary income to save.
"Gold remains the stand-out asset class of the last decade for UK investors, beating shares, real estate and bonds with 14% annual returns."
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