LONDON, 5 November 2013 – More buyers and fewer sellers took BullionVault's Gold Investor Index to a 6-month high in October, Telegraph.co.uk says today.
"Gold is on track for its first annual loss in 13 years, but demand from buyers rose last month," explains the site, published by the UK's best-selling quality daily paper and one of the world's top 250 websites by traffic.
"Appetite for buying gold among individual investors rose to a six-month high in October, according to an index," says The Telegraph's finance editor, Andrew Oxlade, calling BullionVault "the world's largest online market for buying physical bullion."
Quoting Adrian Ash, head of research at BullionVault in London, "The number of users starting or adding to their gold holding increased slightly last month from September," the story goes on. "But it was a 15% fall in the number of net sellers which pushed the Gold Investor Index higher.
"Overall, net buyers outnumbered sellers better than two-to-one."
The Telegraph's full story, which embeds BullionVault's chart of the spot gold price, is online:
