Gold Miners, Enjoying Record Prices, Are Wary of Hedging Their Bets
·1 min
Record-high gold prices are fueling significant activity in the mining industry, with companies making big deals and investments in new mines. However, this surge in prices hasn’t led to a rush among companies to secure prices as protection against potential market downturns. Despite the allure of high prices, companies seem to be proceeding with caution rather than taking immediate action to lock in prices.