20.01.2014 - Deutsche exit from gold price fixing
Deutsche Bank, Germany´s biggest lender, said on Friday it is pulling out of the process for the daily fixing of gold and silver prices.”Deutsche Bank is withdrawing its participation in the gold and silver benchmark setting process following the significant scaling back of our commodities business,” the bank said in a statement. But it insisted: “We remain fully committed to our precious metals business.” The price of gold and silver are fixed daily in London, serving as a benchmark for the precious metals markets...............................................Full Article: Source
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