Gold Futures - Apr 23 (GCJ3)

1,877.70
-53.10(-2.75%)
  • Prev. Close:
    1,930.8
  • Bid/Ask:
    1,877.70/1,878.50
  • Day's Range:
    1,874.50 - 1,932.40
  • Type:Commodity
  • Group:Metals
  • Unit:1 Troy Ounce

Gold Futures Discussions

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  • why some of us here blame manipulation? what is manipulation?? even after manipulating there is movement in price!! if things are not happening your way blame it as manipulation!! and lastly why dont u manipulate and dictate the market..
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    • world is lockdown but USA economy is up day by day,thats why people call it manipulation.
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    • if you needed to sell 2 billion in contracts, you would do it on high volume so you don't move the price. what we are seeing is low volume pre market contract dumping in the 10000-70000 contracts at a time. this forces price down and is clearly manipulation so the players can collect option premiums higher than their losses on comex. I don't know how they aren't all in jail already
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    • If you’re in control of the instrument then you can control it. So I would say it’s a possibility but just like all players in the market sometimes thing don’t go the way you think they should. So the banks can and are wrong at times. When it happens it usually goes pretty badly for them but then they get rescued
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