"Inflows of new money, though strong, are well below the surges of the financial crisis or Covid pandemic, and they're being matched by existing investors choosing to sell at gold's new record highs. With the Dollar gold price last month setting its 7th month-average record in 2025 so far, the number of new account openings on BullionVault beat August 2024 by 77.4%, marking the 4th strongest August in the West London fintech's 2-decade history."
"But gold demand overall, net of selling, was practically zero by weight, and in total, the number of private investors buying gold across the month slipped 5.3% to the fewest since January, while the number of sellers dropped only 3.5% to the fewest since June. Together that cut 0.3 points off the Gold Investor Index to 53.9, its lowest reading in 7 months."
Record Dollar gold prices in 2025 drove a strong inflow of new buyers and a 77.4% rise in new account openings versus August 2024, marking the fourth strongest August in BullionVault's two-decade history. Despite robust new money, net demand by weight was effectively zero as existing investors engaged in profit-taking. The number of private buyers fell 5.3% to the lowest since January while sellers dropped 3.5% to the lowest since June. The Gold Investor Index fell 0.3 points to 53.9, its lowest in seven months. Total client holdings trimmed to just under 44.0 tonnes after users sold five kilograms more than they bought.
Read at London Business News | Londonlovesbusiness.com
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