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Commodities Briefing - Categorized | Bullion/Gold, Trading more

So, who’s been bidding bullion higher?

Posted on 05 October 2012

Gold was up, up and away in September. But who was doing the buying? New data we released Wednesday here at BullionVault show that private households across Western Europe and the US continue to join the bull market. But their response to QE3 and the latest phase of the euro-zone crisis is more measured – you might even say complacent – than the recent price action alone suggests.
“There has until now been a lack of hard data on self-directed retail investors in gold,” said Marcus Grubb of the World Gold Council, which is a shareholder in BullionVault, at the launch here in London of our new Gold Investor Index………………………………………..Full Article: Source


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