Dealers and cutters cautious as US restocking isslower than expected. Low volume of new goods coming to the market, withsignificant slowdown in diamond manufacturing. Inventory levels high and suppliersoffering old stock at deeper discounts. Steady demand for SI-I1 clarity goods.Concerns about tight profit margins and reduced bank credit. Rough tradingrelatively slow following De Beers sight.
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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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