{"id":13245,"date":"2013-12-20T06:52:08","date_gmt":"2013-12-20T05:52:08","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=13245"},"modified":"2013-12-26T18:52:12","modified_gmt":"2013-12-26T17:52:12","slug":"how-gold-prices-are-manipulated","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/how-gold-prices-are-manipulated\/","title":{"rendered":"How Gold Prices are Manipulated"},"content":{"rendered":"<p>Twice every business day in London, representatives of five banks and some select clients participate in a phone call in which offers to buy and sell gold are put forward. These calls determine the morning and afternoon gold fixings, which serve as the benchmark for trillions of dollars in transactions around the world. Silver fixings work similarly, with only three banks involved. <strong><a href=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/12\/Price-Manipulation-by-Banks.pdf\" target=\"_blank\">\u00a0Price Manipulation by Banks<\/a><\/strong><\/p>\n<p><a href=\"http:\/\/www.w-t-w.org\/en\/how-gold-prices-are-manipulated\/gold-intra-day-averages\/\" target=\"_blank\" rel=\"attachment wp-att-13247\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-13247\" alt=\"Gold Intra Day Averages\" src=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/12\/Gold-Intra-Day-Averages-300x177.jpg\" width=\"300\" height=\"177\" srcset=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/12\/Gold-Intra-Day-Averages-300x177.jpg 300w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/12\/Gold-Intra-Day-Averages-500x295.jpg 500w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/12\/Gold-Intra-Day-Averages.jpg 642w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Twice every business day in London, representatives of five banks and some select clients participate in a phone call in which offers to buy and sell gold are put forward. These calls determine the morning and afternoon gold fixings, which &hellip; <a href=\"https:\/\/www.w-t-w.org\/en\/how-gold-prices-are-manipulated\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[13,21],"tags":[],"class_list":["post-13245","post","type-post","status-publish","format-standard","hentry","category-finance","category-financial-literacy"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Twice every business day in London, representatives of five banks and some select clients participate in a phone call in which offers to buy and sell gold are put forward. These calls determine the morning and afternoon gold fixings, which serve as the benchmark for trillions of dollars in transactions around the world. Silver fixings\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Susan_Hall\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.w-t-w.org\/en\/how-gold-prices-are-manipulated\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.10\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"W-T-W.org - Women and Finance\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"How Gold Prices are Manipulated - W-T-W.org\" \/>\n\t\t<meta property=\"og:description\" content=\"Twice every business day in London, representatives of five banks and some select clients participate in a phone call in which offers to buy and sell gold are put forward. These calls determine the morning and afternoon gold fixings, which serve as the benchmark for trillions of dollars in transactions around the world. Silver fixings\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.w-t-w.org\/en\/how-gold-prices-are-manipulated\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2013-12-20T05:52:08+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2013-12-26T17:52:12+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"How Gold Prices are Manipulated - W-T-W.org\" \/>\n\t\t<meta name=\"twitter:description\" content=\"Twice every business day in London, representatives of five banks and some select clients participate in a phone call in which offers to buy and sell gold are put forward. These calls determine the morning and afternoon gold fixings, which serve as the benchmark for trillions of dollars in transactions around the world. Silver fixings\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/how-gold-prices-are-manipulated\\\/#blogposting\",\"name\":\"How Gold Prices are Manipulated - W-T-W.org\",\"headline\":\"How Gold Prices are Manipulated\",\"author\":{\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/author\\\/susan_hall\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"http:\\\/\\\/www.w-t-w.org\\\/en\\\/wp-content\\\/uploads\\\/2013\\\/12\\\/Gold-Intra-Day-Averages-300x177.jpg\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/how-gold-prices-are-manipulated\\\/#articleImage\"},\"datePublished\":\"2013-12-20T06:52:08+01:00\",\"dateModified\":\"2013-12-26T18:52:12+01:00\",\"inLanguage\":\"en-US\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/how-gold-prices-are-manipulated\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/how-gold-prices-are-manipulated\\\/#webpage\"},\"articleSection\":\"Finance, Financial Literacy\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/how-gold-prices-are-manipulated\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.w-t-w.org\\\/en\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/home\\\/news-blog\\\/#listItem\",\"name\":\"News Blog\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/home\\\/news-blog\\\/#listItem\",\"position\":2,\"name\":\"News Blog\",\"item\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/home\\\/news-blog\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/home\\\/news-blog\\\/finance\\\/#listItem\",\"name\":\"Finance\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/home\\\/news-blog\\\/finance\\\/#listItem\",\"position\":3,\"name\":\"Finance\",\"item\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/home\\\/news-blog\\\/finance\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/how-gold-prices-are-manipulated\\\/#listItem\",\"name\":\"How Gold Prices are Manipulated\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/home\\\/news-blog\\\/#listItem\",\"name\":\"News Blog\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/how-gold-prices-are-manipulated\\\/#listItem\",\"position\":4,\"name\":\"How Gold Prices are Manipulated\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/home\\\/news-blog\\\/finance\\\/#listItem\",\"name\":\"Finance\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/#organization\",\"name\":\"W-T-W.org\",\"description\":\"Women and Finance\",\"url\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/author\\\/susan_hall\\\/#author\",\"url\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/author\\\/susan_hall\\\/\",\"name\":\"Susan_Hall\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/how-gold-prices-are-manipulated\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/bfa63e1416ea4343a4f353612e2a53237f4da34f4adec408954aa088886bc0fe?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"Susan_Hall\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/how-gold-prices-are-manipulated\\\/#webpage\",\"url\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/how-gold-prices-are-manipulated\\\/\",\"name\":\"How Gold Prices are Manipulated - W-T-W.org\",\"description\":\"Twice every business day in London, representatives of five banks and some select clients participate in a phone call in which offers to buy and sell gold are put forward. 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