In the Press
Media coverage of BullionVault

Bloomberg: BullionVault's Gold Gauge Falls

LONDON, 5 February 2013 - International data and news provider Bloomberg today leads its precious-metals coverage with the latest Gold Investor Index from BullionVault, the world's largest gold-ownership service online.

"Client purchases slowed in January from a 12-month high," says Bloomberg, noting the index's drop from 58.3 in December to 54.9 last month.

A reading above 50 means more buyers than sellers.

"BullionVault's customers own about $1.76 billion of gold," the newswire goes on. "The metal is stored in vaults in London, Zurich and New York."

Commenting on today's Gold Investor Index, "Independent investors are giving only half a cheer to the flood of conflicting economic data," says Adrian Ash, head of research at BullionVault.

"Savers' anxiety levels have eased. But the need for long-term crisis insurance remains clear and present."

You can read Bloomberg's story, which was also carried by BusinessWeek, here:

BullionVault client-buying gauge falls from 12-month high

BullionVault's Gold Investor Index has also been reported by finance-professionals' site Wealth Briefing, Italian daily newspaper La Stampa, US news-site MarketWatch, and Dow Jones Newswires in its precious metals' Top Stories of the Day.


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Source: 
Bloomberg