India: Polished Inventories High

Cautious sentiment as trading slows ahead of theChristmas break. Fewer foreign buyers in the market. Demand concentrated onSI-I1 goods. Rough market restrained as manufacturers are holding largepolished inventory, particularly lower-value goods. Small diamond and jewelry businesses under stress due toweaker rupee, tight credit and low profit margins.

POLISHED: Recent News Bullish bankers and bearish institutions split on gold forecasts July 01, 2024 / www.canadianminingreport.com Gold stocks down on flat metal price and mixed equities July 01, 2024 / www.canadianminingreport.com Snowline Gold reports Initial Resource Estimate June 24, 2024 / www.canadianminingreport.com Inflation subsiding and rate cuts starting internationally June 24, 2024 / www.canadianminingreport.com Inflation rebound continues to reverse June 17, 2024 / www.canadianminingreport.com See all > × Get Listed Get Listed × Login E-Mail Address Password Remember Me Login Forgot Your Password? Register Share to Youtube Share to Facebook Share to Linkedin Share to Twitter Share to Tiktok