NEW YORK, 5 March 2013 - Retail investor sentiment towards gold bullion eased in February but remained positive, reports the Reuters news-wire today, citing the latest Gold Investor Index from BullionVault.
The monthly index from the physical gold and silver market for individual investors online gave a reading last month of 54.4. Just above the level of Feb. 2012, that was down from January's reading of 54.9 but still above the 50.0 level which would indicate an equal balance of buyers and sellers.
"During the rebound [in prices], we saw our customers come back to buy," Reuters quotes Miguel Perez-Santalla, vice president of BullionVault in New York.
"So the public were taking advantage of those lows and they continued to watch for the dips."
That attitude contrasts with fund manager and professional investors, who cut their gold ETF trust holdings and futures betting sharply last month.
You can read the full story, which is widely syndicated around the world - including at the Economic Times of India - at Reuters here:
Private gold investors less bearish than funds in Feb
Gold bullion - Buy online at live gold prices.
