(Reuters) - Gold hedging by fell 4.12 million ounces to 39.89 million in the first quarter of 2007 from the previous quarter, and the full year decline is seen in the range of 8 and 10 million, a report said.
"Producer sentiment remained strongly bullish towards the outlook for the gold price, reflected by another wave of buy-backs in the March quarter," said the report, produced by metals consultant GFMS Ltd. on behalf of Societe Generale Corporate and Investment Banking.
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"Producer sentiment remained strongly bullish towards the outlook for the gold price, reflected by another wave of buy-backs in the March quarter," said the report, produced by metals consultant GFMS Ltd. on behalf of Societe Generale Corporate and Investment Banking.
Read more at Reuters Africa
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