Gold Price Manipulation Litigation

Problem 

  • Identify signs of market manipulation and benchmark rigging in precious metal markets including gold, silver, platinum and palladium

 

Solution

  • Fideres developed new methodologies, including traditional collusion filters and financial market models, to analyze trading data in the physical and futures markets and identify anomalous market behaviour/trading patterns

  • We applied game theory methodology to analyze benchmark panel members’ submissions and identify collusive patterns

 

Result

  • Fideres’s market manipulation findings were used in class action complaints filed in the US on gold, silver, platinum and palladium cases