Move Over Libor, New Gold Market Manipulation Charges Raised

On the heels interest rate and currency market rigging scandals, new charges that the benchmark used to set the price of gold used by miners, jewelers and central banks, known as the London gold fix, may have been manipulated by major banks for the past decade.  Researcher who uncovered Libor scandal calls for gold manipulation investigation Researchers Albert Metz, managing director at Moody’s Corporation (NYSE:MCO) Investors Service, and Rosa Abrantes-Metz, a professor at New York University’s Stern School of Business, are calling for an investigation of collusive behavior.  The primary issue stems from unusual trading patterns near the close of trading…