Banks set new store on building gold vaults

15 June 2010  The Financial Times

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Some of the world’s biggest banks and security companies are building vaults to store gold bars and coins worth tens of billions of dollars, cashing in on resurgent demand and record prices.

The growing interest in gold among investors worried about the global economy and Europe’s sovereign debt crisis has led to a shortage of long-term storage space.

http://www.ft.com/cms/s/0/53163d56-7584-11df-86c4-00144feabdc0.html