US probes gold and silver price

City A.M. Reporter
THE top US derivatives regulator has started internal discussions on whether the daily setting of gold and silver prices in London is open to manipulation.

The Commodity Futures Trading Commission (CFTC) has not launched a formal investigation into the matter, but it is examining various aspects of price fixings, including whether they are sufficiently transparent, according to the Wall Street Journal.

The CFTC did not immediately respond to requests for comment.