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LGL8054

10/07/16 6:51 AM

#4964 RE: chevy56 #4963

An Insider’s Take on Gold Manipulation Case

Thursday October 06, 2016 14:05

(Kitco News) - This week, a New York judge said there is validity behind gold market manipulation in a class action lawsuit involving five banks accused of manipulating gold prices through the twice-daily London Fix.RosaMetz

The London gold fix, the benchmark used by miners, jewelers and central banks to value the metal, may have been manipulated for a decade by the banks setting it, researchers say.

http://www.kitco.com/news/2016-10-06/Anyone-Who-Traded-Gold-in-Last-Decade-Affected-Key-Player-Speaks.html