The simple answer is that gold producers realise that the odds favour an increase in the price of gold in the near future. Therefore on any weakness in the price of gold, gold producers are either completely unhedging themselves or are reducing their gold hedge books to manageable levels. In AngloGold Ashanti’s case below, they have reduced their...
Module 8 of 8: How much and what type of Gold is right for you?
Jul 15, 2009
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