LONDON, 6 January 2015 – Private-investor sentiment towards gold sank in December to the lowest level since early 2010 says global financial news and data service Bloomberg, quoting BullionVault's latest Gold Investor Index.
"[The] online service for investors to buy and sell physical gold and silver said its Gold Investor Index fell in December to an almost five-year low," Bloomberg reports.
"December's price rally," it quotes head of research Adrian Ash, "deterred new buying and prompted investors to take profits after buying 2014's earlier dips.
"Coming at year-end, December's price rise also gave existing gold investors chance to rebalance their broader portfolio."
Bloomberg's report is also published at BusinessWeek's magazine site online. UK personal finance site EveryInvestor also highlights today's Gold Investor Index data, as does professional-investor site Portfolio Adviser.
See the Bloomberg news-wire report here:
BullionVault's Gauge of Client Buying Drops to Five-Year Low
