LONDON, 11 April 2024 - BullionVault's Gold Investor index features today in a report on the rising gold price published by investment news and ratings service Morningstar.
"[Tracking] trading decisions among the world's largest single pool of private investors in physical bullion, [the index] fell to a new record low of 47.5 in March," says the report, "down 4.0 points from February - its steepest drop since July 2016" as the run of record-high gold prices spurred record profit-taking among existing investors.
"The index would read 50.0 if the number of buyers equaled the number of sellers across the month, so a reading of below 50 indicates more sellers than buyers."
Read the full story, first published at MarketWatch, on Morningstar here:
Gold buyers are holding on to the precious metal as prices break records and are ready to buy more