LONDON, 7 March 2017 – Private gold investment demand retreated last month from its run of 5-year records says City of London newspaper City AM, citing the latest BullionVault data.
Calling BullionVault "a leading online platform" for private investment, "The number of gold buyers fell by a fifth in February to the lowest level in just over a year," says the paper's online report.
"The number of sellers rose almost a third as some existing owners took profits."
With a daily circulation of more than 90,000 in London's financial districts, City AM last month carried news of the Gold Investor Index in its print edition, noting how net gold demand on BullionVault recorded its strongest January since 2012.
You can read the latest City AM report here:
Gold prices ended February higher, but private investor demand fell