South African Gold Companies are being encouraged to change their manner of operations due to a long term weak value for gold.

GOLD companies, especially in South Africa, are being urged to consider a return to hedging because of the weak longer-term price outlook for the metal, particularly when interest rates in the US and Europe start rising again.The warning on Wednesday, from Paul Walker, global head of precious metals at Thomson Reuters GFMS, comes amid predictions of a sharply lower gold price.
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