Market quiet with many dealers at Hong Kong fair. Small goods weak, with prices softening. Suppliers holding prices relatively firm on certified goods, despite buyers pushing for higher discounts. Local purchasers cautious due to weak rupee (INR 72.85/$1). Polished production restrained due to low profit margins and tight liquidity. Local jewelry sales stable.
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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