Is It Possible to Manipulate Gold Prices?
Are Gold Prices Manipulated? In short, yes, they are. Leading gold investors hold the belief that the market is getting systematically manipulated. Some believe gold prices fall to the whim of central bankers, while others blame big banks and the way they use derivatives and high-frequency trading to lower the price of gold. Western governments in particular – such as the US Treasury and its Exchange Stabilization Fund, the US Federal Reserve, allied governments, and central banks – manipulate gold daily,