The correct answer, which the article fails to even mention, is that gold price discovery is based on the limitless creation and trading of synthetic paper derivatives (LBMA unallocated and COMEX) in a system controlled by LBMA bullion banks and sanctioned by the central banks.

— BullionStar (@BullionStar) September 13, 2021

“Gold Price” ‘discovery’ is generated and controlled by the bullion banks trading unlimited quantities of unallocated gold (gold credit - synthetic derivatives) and COMEX gold futures contracts. The pricing problem = the entire structural nature of this price discovery illusion.

— BullionStar (@BullionStar) September 23, 2021
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