Gold is now the latest bank price fixing scandal

http://qz.com/184336/gold-is-now-the-latest-bank-price-fixing-scandal/ As if there weren’t enough reasons to cast a jaundiced eye on the banking system, Bloomberg reports that several international banks are now accused of manipulating a key benchmark, known as the gold fix, in the $20 trillion gold market. The charges of fixing gold prices in London are being leveled at Barclays, Deutsche Bank, ScotiaMocatta (the … Read moreGold is now the latest bank price fixing scandal