Fewer foreign buyers in Mumbai during summer period. Trade cautious amidtight liquidity and diminishing credit. Domestic demand weak due to higherrupee diamond prices after currency depreciation. Steady demand for 1 ct., G-J,SI-I2, RapSpec A3+ diamonds. High rough prices squeezing manufacturing profits,with factories operating below full capacity.
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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