Gold markets were tripped into suspension overnight for the 4th time in the past 3 months

James Marlay

Gold markets were tripped into suspension overnight for the 4th time in the past 3 months. A single order of 1500 contracts were dumped simultaneously into what was an illiquid Gold market. The value of the order US$184.5 million immediately sent the price down $10. The series of halts is fueling speculation around market manipulation as gold market remain under pressure. (VIEW LINK)


James Marlay

I have 13 years experience in equity markets and financial media. In 2013 I Co Founded, Livewire Markets with Tom McKay. Our vision is to be the #1 source of investment ideas in Australia. Opinions expressed are my own.

Expertise

gold

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Medium screen shot 2016 01 12 at 2.25.34 pm

James Marlay

and the motivation? Simply short sellers?

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