BullionVault’s Gauge of Client Buying Rose as Prices Dropped
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BullionVault, an online service for investors to buy and sell physical gold and silver, said its Gold Investor Index rose in November as prices declined.
The gauge, which measures the balance of buyers against sellers, increased to 52.1 from 51.9 in October. A reading above 50 indicates more buyers than sellers. Clients in the euro zone bought the most gold since April last year and trading climbed to the highest level since March, the London-based company said in an e-mailed report today.