Interest
in buying gold is often viewed as a barometer of fear and financial stress in
the markets and world economies.
Historically, analysts have used surveys, buying vs selling patterns,
and interviews to gauge such interest.
In this, the internet age, another tool has emerged: Google search
statistics.
Google’s
Search Trends feature is a fast and anonymous way to determine the level of
demand for gold by examining the popularity of several different phrases, such
as ‘buy gold’, to measure demand. Last
month saw the fewest Google searches for “buy gold” since July of 2007 – right
before the global financial crisis.
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