Weak sentiment, withmanufacturers under pressure due to sluggish polished demand and tight profitmargins. Factories operating at reduced capacity, and some manufacturersslashing salaries of polished workers. Fewer foreign buyers in Mumbai after LasVegas shows. Steady orders for 0.30 to 0.99 ct., G-J, VS-SI diamonds, butprices continue to soften. Concern that rising demand for synthetics iscannibalizing small-stone market.
Round
Recent NewsGold stocks down as metal and equities momentum fadesSeptember 02, 2024 / www.canadianminingreport.com
Another Kazatomprom guidance announcement shakes uranium priceSeptember 02, 2024 / www.canadianminingreport.com
Major monetary drivers still supporting goldAugust 26, 2024 / www.canadianminingreport.com
Gold stocks gain on metal rise and continued equities reboundAugust 26, 2024 / www.canadianminingreport.com
Big Gold stocks outperform Big Base MetalsAugust 19, 2024 / www.canadianminingreport.com
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