Deutsche Bank conducts internal probe into trading on gold fix
By GCRU Gold News on Friday, June 20 2014, 20:29 - Permalink
Deutsche Bank is conducting its own investigation into trading around the setting of London's daily gold price benchmark, in addition to one being carried out by Germany's financial watchdog, sources close to the matter said.
The German bank had been a member of the century-old gold "fix" - a widely used price set twice a day by five banks in a conference call - for two decades until May, when it resigned from the processes for gold and silver.