Faculty News

Prof. Rosa Abrantes-Metz on an alleged manipulation of gold prices

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Excerpt from Bloomberg -- “'It’s clear to me that prices are predominantly going down,' said Abrantes-Metz. 'If the argument is that someone is selling, my question is who is buying, and who benefits from prices going down to an extent that could be driving them further down? We should have a fix that’s based on actual trades that are visible to the market. We need to reduce the ability to manipulate it, independently of whether or not it has already been abused.'”

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