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Video: The Fed’s Priorities are Changing in Golds Favour

By Tom Winnifrith | Tuesday 26 December 2023


Analyst Alasdair Macleod notes that gold prices rose significantly last week, but the miners did not hedge their positions. He believes this is because mining boards have come to realize that it is the weakening US dollar, not gold, that is the cause of the price increase. As a result, they have decided to hold off on hedging their positions.
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