(Reuters) - "The fact that Newmont's hedge positions are now fully closed out removes the possibility of further hedge related buying from the company," said James Steel of HSBC Securities.
"In this sense, the news is not gold-friendly. However, we believe the closing out of hedges also implies a positive price outlook," he wrote in a research note.
Read more at Reuters.com Hot Stocks News
"In this sense, the news is not gold-friendly. However, we believe the closing out of hedges also implies a positive price outlook," he wrote in a research note.
Read more at Reuters.com Hot Stocks News
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