Latest Gold Investor Index

AI desk brief

BullionVault says September gold investment demand hit a 5-year high even as gold fell 8.5% in dollar terms, with net inflows of 389kg into client holdings worth $54m — the largest by value since March 2020. The Gold Investor Index rose 1.8 points to 55.9, while the number of buyers increased 9.8% and sellers fell 26.5%, highlighting strong dip-buying amid surging bond yields and wider concerns over deficits and debt.

Silver also saw net buying, with private investors adding 3.5 tonnes as the metal dropped 13.6% in September. BullionVault said silver investor demand reached a 9-month high and the Silver Investor Index rose to 52.5, while new precious-metals users slipped 6.6% month on month but still ranked as the fifth-strongest September in 21 years.