
Gold Producer De-Hedging Helps Explain High Prices, Says GFMS (Bloomberg)
Sept. 10 (Bloomberg) — Barrick Gold Corp. ’s plan to unwind fixed-price bullion contracts helps “provide an explanation” why gold prices have remained near a record, said Neil Meader , research director at London-based GFMS Ltd.
Excerpt from:
Gold Producer De-Hedging Helps Explain High Prices, Says GFMS (Bloomberg)
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