GOLD 0.51% $1,391.7 gold futures

cftc prepares to set position limits , page-14

  1. 2,035 Posts.
    lightbulb Created with Sketch. 531
    from memory, and i cannot locate the source, the position limits are being suggested and designed to stop the upward manipulation of prices (driven by oil's rapid rise to and fall from $70 / barrel recently).

    not sure how effective the limits would be at stopping downward manipulation, the devil will be in the detail
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.