Wednesday, May 10, 2006

Global Gold Hedge Book Q1 2006

  • Q1 2006 Hedge Impact declines 5.0 Million Oz to 48.2 Million Gold ounces.
  • The global gold hedge book declined was the largest seen for three years, and comes after a period of slowing dehedging.
  • The decline was almost all due to Barrick (ABX) dehedging (4.7 Million Gold ounces).
  • 2006 dehedging forecast revised to 11.7 Million gold ounces.
  • The Global Gold Hedge Book prepared by Mitsui Global Precious Metals , Haliburton Mineral Services & Virtual Metals Research. - link


Global Gold Hedge Book Q1 2006

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Tuesday, June 27, 2006 7:10:00 AM  

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