BUGS Index - HUI

What Does BUGS Index - HUI Mean?
An acronym for "basket of un-hedged gold stocks". The BUGS index is the AMEX's index measuring gold companies that do not hedge their gold production beyond a year and a half.

Investopedia explains BUGS Index - HUI
The HUI, or gold BUGS index, provides investors with the capability of participating in short-term gold price movements as the members who make up the index are un-hedged for long-term durations.

Filed Under: Derivatives, Futures

Related Terms

AMEX
Bullion
Gold Certificate
Gold Fix
Hedge
Proved Reserves
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