Gold Miners Eschew Hedging to Lap Up Sky-High Prices

Wall Street JournalTuesday, May 27, 2025 at 7:42:00 AM
Gold Miners Eschew Hedging to Lap Up Sky-High Prices
Gold prices are soaring to record highs, but surprisingly, mining companies aren’t rushing to hedge their bets by locking in these prices for future sales. Instead, they’re riding the wave, betting that the rally has even more room to run. It’s a risky move—like turning down a surefire paycheck in hopes of an even bigger payday later.
Editor’s Note: This isn’t just about shiny metal—it’s a high-stakes gamble on market confidence. If miners are holding out for higher prices, they’re betting that inflation fears, economic uncertainty, or other factors will keep pushing gold up. But if prices suddenly drop, they could regret not securing today’s sky-high rates. For investors, it’s a signal that the gold rush might not be over yet.
— Curated by the World Pulse Now AI Editorial System

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