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Nikkei: Bitcoin Threatens Gold

LONDON, 8 December 2017 – Data and analysis from BullionVault are quoted today by Japan's leading financial newspaper, the Nikkei.

Introducing the London-based service as a major online gold investment company, today's edition of the Nikkei reports that the number of new first-time gold investors fell in November to its lowest monthly level since December 2015.

Over the last 12 months, the number of first-time precious metal investors has fallen by 20% compared to the previous half-decade.

"Bitcoin's fresh record highs have come alongside new historic highs in the stock market," the Nikkei quotes BullionVault director of research Adrian Ash, "led by stretched valuations in tech shares."

Japanese readers will find the full Nikkei article here:

Bitcoin becomes a threat to gold, as private investors move funds

Source: 
Nikkei