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Reuters: Survey Shows Retail Gold Demand Easing

NEW YORK, 2 April 2013 - Today's Gold Investor Index from BullionVault shows a further slowdown in private investor interest in physical gold according to Thomson Reuters, the international news wire and financial specialists.

March's figure on the Gold Investor Index - which measures the balance of buyers and sellers on BullionVault's internet gold exchange - "was the lowest reading since last September," says the Reuters report.

"The London-based firm has around 48,000 investors from 159 countries holding $2.2 billion worth of gold," it adds.

The reading was still positive, however, and "This tells us that the general public is not buying into the US recovery yet, even in the face of a stronger US Dollar and US stock market," Reuters quotes Miguel Perez-Santalla, vice president of BullionVault in New York.

You can read Thomson Reuters' full report, widely syndicated around the world, here:

Retail Gold Buying Eases in March; Cyprus Crisis Eyed - Survey


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Source: 
Reuters