I thought today would be a good opportunity to do some forensic analysis on the big drop in the gold price. The anti-trust conspiracy crowd is out in force beating their drum on this one. But do they make any sense? Prices listed are as of the open of the market. Open interest (June contract) is as of the close of the market on the previous day (which is close enough to market open for our purposes). Our two big drops occur between the open of April 3 and April 4, and between the open of April 5 and April 5: i.e. on April 3-4. By no coincidence, these are days in which the open interest for the future contract ... (full story)