LONDON, 5 October 2012 - Latest trading data from BullionVault, the physical gold and silver exchange for private individuals is today cited in a report on the global gold market from the Financial Times.
"While investors are bullish about gold, they are not yet super-long," writes commodities correspondent Jack Farchy. Quoting Kamal Naqvi, head of commodity investor sales at Credit Suisse, the FT notes that hedge funds' positioning in gold stands at about 65% of the most bullish level on record.
"According to BullionVault, a platform for retail precious metals investors, gold buying in September remained well below its record high a year earlier," the paper adds.
Subscribers to FT.com can read the full article here.
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Source:
Financial Times
