BullionVault’s Gauge of Client Buying Falls From Six-Month High
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BullionVault, an online service for investors to buy and sell physical gold and silver, said its Gold Investor Index declined in November from a six-month high.
The gauge fell to 54 last month from a six-month high of 54.3 in October, the London-based company said today in an e-mailed report. A reading above 50 means more buyers than sellers. November’s reading was below the level of 56.5 a year earlier and compares with a peak of 71.1 in September 2011, the month gold reached a record $1,921.15 an ounce.