forward sales in a sentence
Examples
- Record forward sales of gold by mining companies helped fill the gap between supply and demand last year, analysts said.
- Many mining companies sell all or most of their production through forward sales, whose risk is offset in the futures market.
- As well as locking in more forward sales, higher gold prices dampens demand and increases the supply from outside gold mines.
- More recently, sliding interest rates have made hedging less profitable for the central banks that lend their bullion for forward sales.
- In October 1997 Sainsbury's announced the forward sale of Forestside to the Universities Superannuation Scheme ( USS ) for approximately ?0m.
- In the latter half of 1995, a deluge of forward sales, particularly by South African and Australian companies, killed off price rallies.
- Lower gold prices reduce the appeal of forward sales and operating costs for many mines are rising, including those run by Newcrest.
- On the other hand, if Halliburton's stock fell, he would have less ordinary income and a capital gain on the forward sale.
- Barrick has already sold its future gold production for the next two years at higher than current market values using forward sales contracts.
- Forward sales cover gold that hasn't yet been mined while call options give the holder the right to buy gold should prices rise.