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Commodities Briefing - Categorized | Bullion/Gold, Investment, Trends more

Speculators behind gold price dip

Posted on 22 April 2013

The collapse in the gold price is the result of market manipulation by huge overseas bullion-price speculators rather than an end to the conditions which drove prices sky-high, says one local gold dealer.
Brent Hindman of New Zealand Mint, a private business which sells bullion to investors here and overseas, said there had been a lot of unnecessary hand-wringing over the recent gold price plunge while speculators would be happy with recent events………………………………………..Full Article: Source


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