Friday, June 20, 2014

Fixing the Gold Fix

From ABC TV

Tensions in Iraq and Ukraine may have seen gold rally of late, but the yellow metal is still well-down on the highs of 2011. Gold's reputation has also been tarnished by accusations that the global benchmark pricing system known as the 'fix' is open to manipulation. But now the World Gold Council is stepping in to bring some credibility back to the precious metal.

http://www.abc.net.au/news/2014-06-19/fixing-the-gold-fix/5537410

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