02.07.2014 - Gold Investing Sentiment Hits 4.5-Year Low
Gold investing amongst private households sank to the weakest sentiment in nearly 4.5 years in June. Bulls can blame last month's jump above $1300 per ounce. It spurred the number of sellers on Bullion Vault – the world's largest physical gold provider online – and deterred new buyers. That took our Gold Investor Index down to 51.2, the lowest reading since February 2010. The Gold Investor Index is a unique window onto private investing behavior in gold. Unlike an exchange-traded trust fund (ETF), BullionVault has few professional money managers amongst its 52,000 users. Unlike a retailer dealing coins or small bars, we also enable our users to sell their vaulted property instantly, when they choose (and offering it at their own price too if they wish)...............................................Full Article: Source
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