“A Clear Attempt To Manipulate Fixes In The Precious Metal Market”

Wednesday, November 12, 2014
By Paul Martin

by Tyler Durden
ZeroHedge.com
11/12/2014

“The behaviour patterns in precious metals were somewhat similar to the behaviour patterns in foreign exchange,” FINMA director Mark Branson said in a conference call with journalists. He said that as UBS has precious metals and foreign exchange desks under combined leadership, it was not surprising to find similar behaviour. “But we have also seen a clear attempt to manipulate fixes in the precious metal market.”

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