BullionVault’s Gauge of Client Buying Climbs to 12-Month High
This article is for subscribers only.
BullionVault, an online service for investors to buy and sell physical gold and silver, said its Gold Investor Index climbed to a 12-month high in December.
The gauge rose to 58.3 from 56.5 in November, climbing for a fifth consecutive month, the London-based company said today in an e-mailed report. A reading above 50 means more buyers than sellers. Gold slipped 2.3 percent last month, cutting its annual increase to 7.1 percent, and traded at $1,648.82 an ounce by 8 a.m. in London.