GOLD
QUESTION: Can anyone tell me the TIME (a.m. and p.m., EST please) of the London “price fixing”?
On 20 March 2015 the LME changed their rules for price fixing gold.
Has anything changed since 20 March?
Yes: “On average, the gold price declines at the time of the AM fixing in London. This is the most prominent move in the course of the trading day… Apparently the low volume trading period in the morning hours is now used to manipulate the price downward.
“At the time of the PM fixing, which exhibited strong anomalies in the past, no price decline can be detected anymore. On the contrary, a small price spike has formed.”
http://www.zerohedge.com/news/2015-11-2 ... old-fixing