It depends on when the golds deliverable.
I don't think the premiums are worth the risk.
I's a bad idea to take out large hedge positions in an inflationary environment.
The producers can't hedge against cost escalation.
Buying put options is a more effective way to hedge against a gold price downturn.
Aud 2023 contract
Feb 24 contract
June 25 contract
It depends on when the golds deliverable.I don't think the...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.93 |
Change
-0.040(1.35%) |
Mkt cap ! $2.763B | |||
| Open | High | Low | Value | Volume |
| $2.94 | $2.98 | $2.93 | $33.24M | 11.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 663107 | $2.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.94 | 369285 | 3 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| WGX (ASX) Chart |