Polished market slow, with few foreign buyers.Local dealers cautious due to weaker currency, tighter bank lending, and recenthike of import duty. Buyers focused on SI- to I1-clarity goods. Fancy shapesslow. Small manufacturers not buying rough, and reducing polishedproduction ahead of Diwali break, which begins November 7.
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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