LONDON, 25 May 2016 – BullionVault's head of research Adrian Ash is amongst leading analysts quoted today in the June issue of by Mine Magazine, the specialist monthly title for decision-makers in the natural resources industry.
Quoted alongside experts from the mining-backed World Gold Council, as well as US investment bank Goldman Sachs and specialist analyst Philip Klapwijk of Precious Metals Insights in Hong Kong, Adrian comments on the changing shape of global gold demand over the last 3 years, and how that has impacted prices – and responded to them.
During gold's 2013 price crash, he notes, "A lot of commentators were scratching their heads and asking how Chinese demand could be so strong yet the price be going down.
"[But] they were putting the cart before the horse. The reason Chinese demand was so strong is because the price was going down."
You can read the full article in the June issue of Mine Magazine here: