Aussie gold: mind the hedge

GOLD might be at all-time highs in Australian dollar terms, but not everyone is realising the full benefits.

Aussie gold: mind the hedge Aussie gold: mind the hedge Aussie gold: mind the hedge Aussie gold: mind the hedge Aussie gold: mind the hedge

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.