BullionVault’s Gauge of Client Buying at Highest Since November
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BullionVault, an online service for investors to buy and sell physical gold and silver, said its Gold Investor Index climbed to a three-month high in February as prices posted the first back-to-back monthly gain since August.
The gauge rose to 53.5 last month, the highest since November, from an 18-month low of 51.9 in January, the London-based company said in an e-mailed report today. A reading above 50 indicates more buyers than sellers. The 3.1 percent increase in the index was the biggest since April.