Producers shrink gold hedge books
New angles
Gold producers' hedge books will continue to shrink this year as prices hover at around 25-year highs, say analysts. "Given the rhetoric of most major gold producers, it's safe to assume that de-hedging will continue," says Bruce Alway, a senior analyst at Gold Fields Mineral Services (GFMS), a London-based precious metals research and consultancy firm.
GFMS believes that de-hedging may actually accelerate from 2005 levels, although not everyone is convinced. "As long as there are no indicat
More on Derivatives
7 days in 60 seconds
Mifid II, RFQs and the future of Europe’s G-Sibs
The week on Risk.net, August 11-17, 2018
Receive this by email
Back to Top