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The Gold Pool and Other Gold Market Interventions before 1993

In: The Gold Cartel

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  • Dimitri Speck

Abstract

The systematic gold market interventions of today, which have been underway since August 1993, are not without precedent. There have been other gold price suppression activities in relatively recent history, which can be regarded as immediate antecedents, making the continuity of central bank policy in this area clear and highlighting their motives. What is also of importance is that the interventions took place quite openly at the time. That makes the fundamental principle obvious. But, first, a brief look at the antecedents.

Suggested Citation

  • Dimitri Speck, 2013. "The Gold Pool and Other Gold Market Interventions before 1993," Palgrave Macmillan Books, in: The Gold Cartel, chapter 0, pages 82-92, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-28643-7_18
    DOI: 10.1057/9781137286437_18
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