Physical Gold Responds to Figures that Reveal Frequent Changes to Savings Rates from Banks

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Leading UK gold dealer, Physical Gold, has responded to new research which reveals saving rates are constantly being changed.

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With economic recovery being as unpredictable as it is at the moment, savers really should explore all their options and look into the benefits of gold.

Banks are changing their saving rates up to 32 times a week, with many savers unaware that their bank is chopping and boosting rates, launching or taking an account off sale or altering terms and conditions, reports UK financial publication This Is Money.

According to new figures by data firm Moneyfacts, no fewer than 223 changes have been made to savings accounts since the start of the year.

Physical Gold recommends savers consider gold as an option, as it offers a more reliable store of wealth and is more likely to safeguard the value of money being saved.

A spokesperson from Physical Gold said:

Gold investment can reduce your exposure to traditional currencies and help safeguard your savings for the future. With economic recovery being as unpredictable as it is at the moment, savers really should explore all their options and look into the benefits of gold.”

Physical Gold Ltd is a leading UK gold dealer, helping investors diversify their portfolios with innovative investment solutions. Renowned for their ground breaking products such as the Sipp gold and Gold Accumulation Account, the firm specialise in providing customers with tailored assistance in sourcing the best gold for their personal requirements. Based in London, the team are BNTA accredited and have an unrivalled knowledge of the gold market as well as an exceptional understanding of the general financial markets.

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Dan Fisher
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