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Aussie gold: mind the hedge

Gold might be at all-time highs, but not everyone is realising the full benefits

Kristie Batten
Don't get lost in the hedge. Image: Fox/The Simpsons

Don't get lost in the hedge. Image: Fox/The Simpsons

The spot price hit a record high A$2263 an ounce yesterday and remains just above $2200/oz. However, most gold producers are hedged at much lower prices. Macquarie described the increasingly out-of-the-money...

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