2013-07-04therealasset.co.uk

``The writers are unable to say who ‘leads the dance' when it comes to influencing the gold market and thus, the gold price. They almost go as far as to say that the size and dominance of the London spot market can be misleading when deciding which one is market dominant: ‘Mere volume alone does not in and of itself make a market dominant.'... However when applying a multiple to London clearing figures, in our case 5, the dominance of the London Gold Market is significant when compared to COMEX... The increase is particularly impressive when you look at the activity in the run up to the April gold price fall. Incidentally, transfers for the month of April increased by 60%.''



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