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De-hedging to rise in 2004: GFMS

GOLD de-hedging this year could rise to between 11 million ounces and 13Moz, surpassing 2003's 10...

Greg Tubby

The Annual Hedge Book Review, prepared for South African-based investment bank Investec, is based on the maturity ladder for hedge contracts at the end of 2003, taking into account fresh hedging on one...

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