Hedging
During the June quarter 210,000oz of hedging was added at A$2,893/oz and 173,997oz of hedging was delivered at
A$2,295/oz.
Table 5: Hedging commitments at 30 June 2022
Term Dec H 22 Jun H 23 Dec H 23 Jun H 24 Dec H 24 Jun H 25 Total
Ounces (oz) 244,000 195,000 170,000 169,999 180,000 180,000 1,138,999
Gold Price (A$/oz) 2,425 2,393 2,530 2,536 2,582 2,899 2,551
June H 2025 hedged at $2,899.00
What does that say about the price of gold into the coming years?
HedgingDuring the June quarter 210,000oz of hedging was added at...
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