Gold Is ‘Managed’ by Wall Street and The Fed - Frank Giustra

I agree with Frank Giustra that gold is being "managed by central banks," but I fail to see the difference between the term "managed" and "manipulated".

http://www.kitco.com/news/video/show/Kitco-News/1624/2017-06-20/Gold-Is-Managed-by-Wall-Street-and-The-Fed---Frank-Giustra