16.03.2009 - Gold dehedging decelerates - but may pick up again on investor appetite for gold upside
From Mineweb.com: The delivery profile for the gold miners' hedge book at end-December calls for deliveries of 60 tonnes this year and 70 tpa through to 2012. Investor appetite for upside price exposure, however, means that the actual rate is likely to be higher. The latest Société Générale global gold mine hedge book, compiled independently for the bank by GFMS Ltd., records that net producer de-hedging has continued to decelerate..... Full Article: Source
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