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Alasdair Macleod: Tides of change in gold paper markets
3p ET Wednesday, January 31, 2024
Dear Friend of GATA and Gold:
Market analyst and GoldMoney research director Alasdair Macleod writes today that open interest in the gold futures contract on the New York Commodities Exchange has fallen sharply in recent days.
He concludes that the decline in the contract's liquidity will make prices more volatile and market rigging more difficult.
Macleod's analysis is headlined "Tides of Change in Gold Paper Markets" and it's posted at his internet site here:
https://alasdairmacleod.substack.com/p/tides-of-change-in-gold-paper-markets
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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