Thursday, February 4, 2016

Linked To Weakness In Australian Dollar

The global hedge book for gold producers expanded modestly by a net 500,000 ounces, or 16 tonnes, during the third quarter, largely driven by companies with operations in Australia as they apparently took advantage of a higher gold price in that country’s currency, according to a report released Thursday by the GFMS team at Thomson Reuters and Societe Generale.

from http://ift.tt/1S2X5n5

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