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Global de-hedging Q3 rate slows: consultancy

THE global gold hedge book is said to have decreased by 2 million ounces in the third quarter, according to leading precious metals consultancy GFMS. However, the overall rate of de-hedging is said to have slowed compared to the first two quarters of the year.

Jesse Riseborough
Global de-hedging Q3 rate slows: consultancy

However, the rate of de-hedging in the September quarter is said to have slowed from the previous quarter to a more sustainable level, according to GFMS. A total of 43.4Moz remained hedged at the end of...

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