LONDON, 6 November 2014 – Private investor interest in gold is robust, but prices have continued falling to hit new 4-year lows today says the UK's most popular personal finance news site, citing BullionVault's monthly Gold Investor Index.
"Confidence in central bankers is in a bull market, and that's what’s driving gold and silver down," says ThisIsMoney – finance site of the Daily Mail newspaper, the world's biggest news portal by traffic – quoting BullionVault's head of research Adrian Ash.
"While fear of deflation is driving today's new round of zero-rate and QE money-printing, fear of inflation from all that easy money is clearly missing."
"So while gold offers financial insurance to private portfolios, getting that cover in place is plainly not seen as urgent."
You will find ThisIsMoney's report here:
