Gold Forecaster – Who Controls the Gold Market?

- June 7th, 2010

Kitco.com reported on Gold Forecaster – Who Controls the Gold Market?

Kitco.com reported on Gold Forecaster – Who Controls the Gold Market?

Western developed nation’s central banks, in turn, have stopped selling their gold. Eastern blocs continue to buy gold in the open market. The only other area that they would use to squash the gold price would be in the futures and options markets, where individuals would act as counterparties to a cash market not a physical gold market.

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