First published by Money Metals Exchange here: https://www.moneymetals.com/news/2023/09/18/new-admission-from-the-bis-that-central-banks-play-in-the-gold-market-002828
<p><img src='https://www.moneymetals.com/uploads/content/new-admission-from-the-bis-that-central-banks-play-in-the-gold-market-social.jpg'/></p>While central bank trading is a primary determinant of the price of gold and other currencies, gold market analysis seldom makes any reference to the broker that provides much camouflage for central bank gold trading: the Bank for International Settlements (BIS). Of course over many years the Gold Anti-Trust Action Committee (GATA) has amassed much documentation of BIS interventions in the gold market. Among our favorites are a BIS PowerPoint presentation, made at a BIS conference for prospective BIS members , actually advertising that the bank&#039;s services to members include gold market interventions...