According to an April 2, 2017 Zero Hedge article, "China and Russia are shifting away from dollar-based trade, to commerce which will eventually be backstopped by gold, or what is gradually emerging as an Eastern gold standard, one shared between Russia and China, and which may day backstop their respective currencies." http://www.zerohedge.com/news/2017-04-01/moscow-and-beijing-join-forces-bypass-us-dollar-global-markets-shift-gold-standard
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This growing worldwide demand for gold will soon end the price suppression by big banks.
https://steemit.com/gold/@nicodemus/bankers-suppress-the-prices-of-gold-and-silver-in-the-futures-markets