Gold trading among private investors fell by 31.5% in October compared to the same time last year, as Google searches to 'buy Bitcoin' overtook searches for 'buy gold' worldwide, according to BullionVault.
Metals trading network BullionVault saw gold trades shrink last month by a third, compared to the previous 12-month average, in a year that has typically seen the number of gold buyers rise. Gold trades also fell 9.7% in October from the month before even as gold prices dropped against all major currencies. Bitcoin value exceeds gold for first time This saw the Gold Investor index, a measure of sentiment towards physical gold, move one tick higher from 54.5 in September to 54.6 last month, exactly matching the sentiment index's one-year average, BullionVault said. The index, would ...
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