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Banks in London gold fix are getting worried, Wall Street Journal says
Gold Price-Setting Banks Form Committee, Meeting Tuesday -- Source
By Francesca Freeman
The Wall Street Journal
Tuesday, January 21, 2014
LONDON -- The five banks tasked with setting the benchmark price for gold have formed a steering committee to review how the so-called "fix" is set and are meeting Tuesday, according to a person with knowledge of the matter.
The committee, which will seek an external audit of the process, has been formed as regulators investigate possible manipulation of precious metals prices.
... For the full story:
http://online.wsj.com/article/BT-CO-20140121-707621.html
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