LONDON, 3 February 2015 – BullionVault's Gold Investor Index, a measure of private sentiment towards the metal, held at a 5-year low in January reports international news and data provider Bloomberg today.
"The gauge, which measures the balance of buyers against sellers, was unchanged from 50.5 in December," Bloomberg says.
"A reading above 50 indicates more buyers than sellers."
"January's multi-month highs gave traders the chance to take profits," Bloomberg quotes Adrian Ash, head of research at BullionVault.
With gold still more than 30% below its 2011 peak, "It also let people disappointed by gold's performance over recent years cut their losses."
See Bloomberg's report on the new BullionVault data here:
BullionVault's Gauge of Client Buying Holds at Five-Year Low
