Commodity Trade Mantra

Posts Tagged ‘Gold Price Fixing’

Can Investors Really Trust The New Gold Price Fixing?

The discontinuation of the previous gold price fixing doesn’t mean that price manipulation has ended. The modern procedure definitely represents progress though. Gold market manipulations are in any case mainly performed in the futures markets. They are merely more frequent and stronger during the fixings. Gold price manipulation continues.

New 'LBMA Silver Price' - Still Not Transparent

During the last few days it has become apparent that the entire formulation & implementation of the new silver pricing process appears to have been rushed through, with market participants now fearful that it may not be able to provide a silver price benchmark for the myriad users who are depending on a silver price benchmark.

Gold To Rise On “Systemic And Geopolitical Risk” As Price Fixing Ends

London’s century-old process for fixing gold prices, tainted by a rigging scandal and attacked by critics as old-fashioned, goes under the spotlight this week in key talks aimed at modernizing the process. The market price of gold, which is driven by investment and jewellery demand, could climb as a result of an overhaul.

We believe that a more transparent & reliable fixing could lead to higher gold prices as we suspect that prices are artificially low at this time and do not reflect the delicate supply demand balance in the physical gold market. Nor do they capture the degree of systemic & geopolitical risk in the world today.

The End Of Manipulation Begins: The London Silver Fix Is Officially Dead

The London Silver Market Fixing Limited announced that it will cease to administer the London Silver Fix with effect from close of business on 14 August 2014. The Company intends to continue to administer the daily Silver Fixing and publish Silver Fixing Prices throughout that period.

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