Gold Silver Manipulation: London Bracing For Inquiry

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Written by The Guardian via Peter Grandich

Friday, 15 March 2013 06:51

US regulator considering an inquiry into London's gold and silver markets to check if prices are open to manipulation.

London's financial sector was last night bracing itself for another official investigation into alleged price-fixing following reports that a US regulator is considering launching an inquiry into the City's gold and silver markets.

The Commodity Futures Trading Commission is discussing whether the daily setting of gold and silver prices in London is open to manipulation, according to the Wall Street Journal, which stated that the CFTC is examining whether prices are derived sufficiently transparently.

....read more HERE

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