Your question is "Is the federal reserve manipulating price of gold?", but it is clear that your real question is "The federal reserve manipulating price of gold. How?". It doesn't help that you are not being honest with yourself, or with us.
The only way possible is for the Fed to manipulate the US Dollar, since gold contracts are priced in US Dollars, and a strong US Dollar translates directly to a lower gold price. Strengthening (or weakening) the dollar in the marketplace is precisely what the Fed is supposed to do. You are looking for an evil conspiracy here, and there isn't one. It's business as usual, and as it always has been.
Many people from the Western do not know the serious risks that continue to exist any time Main Banking companies put into effect manipulating anything, in order to make it show up that “things usually are going returning to regular. ” Faraway from it. I've got to give the RAISED ON many credit score, though, for persistently devious actions. They will carry credit score (albeit, merely for a time longer) for that nearly frequent endeavours to maintain the worldwide public’s self-confidence throughout YOU economic insurance plan (and therefore, in the us dollar), though they:
a) continue using programs to help debase the UNITED STATES DOLLAR seeing that easily as you possibly can, and
b) reduce the precious metal value in order that it doesn’t erode general public self-confidence throughout fiat currencies.
If you are a normal person: No.
If you are a conspiracy theorist who believes every wacko conspiracy theory out there: Yes, of course they are.
No.
If so how!