"I have never been a fan of conspiracies but my 45 years' experience in trading markets tells me that someone is deliberately suppressing the gold price, especially in the past two years. But they aren't at the top of the list of enemies of free-market prices for the precious metals. That place is reserved for the World Gold Council and the Silver Institute. That's one of the reasons that Keith pulled First Majestic out of the Silver Institute. I'm sure he was hoping to change things but the Silver Institute obviously wasn't interested.

Source: Washington Post April 28, 2022 18:15 UTC