LONDON, 25 May 2016 – Comment from BullionVault features today in a report on the 2016 rise in gold prices from the UK's Daily Express newspaper.
"Gold is considered safe because there is zero risk of default," says the paper, quoting BullionVault's head of research Adrian Ash, "whereas banks can collapse and a share certificate is worthless if the company goes out of business.
"Crucially, the price of gold does not move in line with other financial assets such as shares, bonds, property and even other commodities, Ash says. This makes gold a useful tool for diversifying your portfolio."
Read the Daily Express article in full here:
Source:
Daily Express
