NEW YORK, 2 April 2013 - Leading financial news site CNBC today features the latest Gold Investor Index from BullionVault as evidence of a sharp rise in private demand for gold following what it calls "the shock of the Cyprus crisis."
BullionVault's Gold Investor Index takes the balance of net buyers over net sellers on its physical gold exchange online. March saw the third monthly decline since a 12-month high in December, says CNBC.
"Still, [it shows] there are more buyers than sellers, and events in Cyprus definitely heightened interest in gold during March," the article explains, noting that during the week when the island's bail-out was announced, gold trading volume on BullionVault rose by 78% compared to the 2013 weekly average.
"BullionVault tracks 48,000 investors from 159 countries."
The full CNBC story is here:
Cyprus 'Electrified' Gold Demand in Weak March
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