Slow trading, with somedealers missing the Hong Kong show due to next week's Ganesh Chaturthifestival. Sentiment down following rupee depreciation to record low (INR 72.10/$1),bankruptcy rumors and tightened bank credit. Small manufacturers cautious and reducingpolished production. Drop in demand for small polished diamonds evident inrough market at De Beers sight.
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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