Who Sets the Gold Price? – LBMA Auction, COMEX Futures, and the 24-Hour Spot Market – Manipulation Cases, Premium Breakdown, and the Shift to Shanghai – Money Metals
<p>No single authority sets the price of gold.</p> <p>Not a government.</p> <p>Not a central bank.</p> <p>Not the Federal Reserve.</p> <p>Instead, the price moves continuously throughout market hours as banks and bullion dealers around the world quote each other prices to buy and sell.</p> <p>Two numbers are actually set on purpose. The LBMA Gold Price is






























