Gold trading sinks as Bitcoin interest surges

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. 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 read 50.0 if the number of buyers and sellers...