Sentiment down dueto sluggish summer demand, depreciating rupee and rumors of furtherbankruptcies. Dealers also frustrated by slower turnover, as authorities withholdshipments following $440 million fraud involving customs officials. Fewer overseasbuyers in the market. 1 ct. and dossiers moving well. Rough demand stable, butmanufacturers careful not to build up excess inventory.
Round
Recent NewsBullish bankers and bearish institutions split on gold forecastsJuly 01, 2024 / www.canadianminingreport.com
Gold stocks down on flat metal price and mixed equitiesJuly 01, 2024 / www.canadianminingreport.com
Snowline Gold reports Initial Resource EstimateJune 24, 2024 / www.canadianminingreport.com
Inflation subsiding and rate cuts starting internationallyJune 24, 2024 / www.canadianminingreport.com
Inflation rebound continues to reverseJune 17, 2024 / www.canadianminingreport.com
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