In a very strange development, which has gone practically unnoticed, all of the Chinese banks that were direct participants in the LBMA Gold Price auctions have recently disappeared.
The latest casualty is Bank of China, which bizarrely is said to have requested a self-suspension. Before that, ICBC and Bank of Communications disappeared.
With zero commentary from the... Continue Reading
Ronan Manly is a precious metals analyst with BullionStar whose blogs
often cover current themes including what's going on in the
London gold market and the gold activities of central banks.