This week has brought the issue to the fore as three former JP Morgan employees stand trial for "racketeering conspiracy as well as conspiring to commit price manipulation, wire fraud, commodities fraud and spoofing from 2008 to 2016".

Followers of the gold and silver price will have long been aware of the cases brought against large banks for manipulating the precious metals markets.

This week has brought the issue to the fore as three former JP Morgan employees stand trial for "racketeering conspiracy as well as conspiring to commit price manipulation, wire fraud, commodities fraud and spoofing from 2008 to 2016".

Followers of the gold and silver price will have long been aware of the cases brought against large banks for manipulating the precious metals markets.

This week has brought the issue to the fore as three former JP Morgan employees stand trial for "racketeering conspiracy as well as conspiring to commit price manipulation, wire fraud, commodities fraud and spoofing from 2008 to 2016".

JP Morgan Chase & Co. has long been known to have an oversized influence on the gold paper market. Accounting for upwards of 65% of the derivative contracts in precious metals put through U.S. banks. This is three times that of the next largest Citigroup. Inc.