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| Russia increases it's gold reserves |
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Thursday 25 September 2014
Currency Wars Deepen – Russia, Kazakhstan Buy Very Large 30 Tons Of Gold In August | The London Gold Fixing process is in disarray after multiple claims of manipulation and the prosecution of Barclays by the Financial Conduct Authority (FCA) last May for manipulating the gold price in the fixing auction. The London Gold Market Fixing Company (LGMFL) and the London Bullion Market Association (LBMA) are now attempting to ‘circle the wagons’ on regulatory compliance and investor litigation by moving to a new LBMA Gold Price process modelled on the recently introduced LBMA Silver Price : InvestmentWatch
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