Gold Miners Hedge in Q1, Big Sales Unlikely

Precious Metals

Reuters reported that first quarter 2011 saw gold miners returning to net hedging.

Reuters reported that first quarter 2011 saw gold miners returning to net hedging.

The market news is quoted as saying:

The first quarter saw 0.19 million ounces (6 tonnes) added to the global hedge book, which stood at 4.88 million ounces (152 tonnes) at the end of March.

To read the full market news, click here.

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