04.03.2015 - Gold & Silver Investing Strong, Sellers Vanish
Gold investing sentiment jumped in February, writes Adrian Ash at BullionVault, surging from a half-decade low to the strongest level since Spring 2013. That's according to our new Gold Investor Index today. It tracks the number of buyers vs. sellers on BullionVault, the low-cost gold and silver market online. Used by 55,000 people worldwide, it saw $1.2 billion of metal (£740m, €920m) exchanged in 2014. And last month, BullionVault's Gold Investor Index jumped from 50.5 to read 54.5 as the number of people starting or adding to their gold holdings rose, but the number of sellers sank by two-thirds. A reading of 50.0 would signal a perfect balance of net buyers and net sellers across the month. The Gold Investor Index peaked at 71.7 in September 2011..............................................Full Article: Source
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