Sentiment cautious, with selective interestin smaller sizes. Surplus of +11 goods has placed pressure on prices. Firmstrading rough rather than manufacturing, creating shortages in certain meleecategories. Slow demand for diamonds under 0.50 carats, but better sales ofround, 1 ct. stones. Dealers seeing stronger orders from US than China, withcertified goods easier to sell than uncertified. Liquidity low for manufacturersand traders as Mar. 31 financial year-end approaches.
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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