FT’s Sanderson headlines trader suspicion of gold market drop

Traders suspicious of bear raid in gold amid low liquidity

“Traders and analysts said, however, that the nature and timing of the selling suggested there was more at play than investors responding to a slight strengthening in the US dollar or lower central bank purchases. ‘There is to my mind no coincidence that this happened in the quietest, thinnest period of the week,’ said David Govett, head of precious metals at Marex Spectron in London. ‘Anyone who trades gold knows not to put any volume into the market at this time, unless they deliberately want to move it in a big way.'”

Full article at Chris Powell/GATA