Central Banks Repatriate Gold: How Will This Affect Investors? | Daily Ticker - Yahoo! Finance
Oh sure. Central banks all over the world want to hold more gold, and along with silver, demand is increasing, but nope. Just a coincidence that it's market price drops despite those two very glaring facts.
It's held value for 6000 years, longer than the construct of government itself. I think it's safe.
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Four hundred million dollars worth hitting the markets is peanuts today
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And not surprisingly, it's down less than $200 over the past month. IE, not a great deal. Let's not pretend it tanked or anything. It's in a valley, and still higher than it was 4 years ago, and up over 400% since 2000.
But of course manipulation never happens anyway:
Goldman Sachs Is Manipulating Gold Prices Right Before Your Eyes - Money Morning