Liquidity tight as companies prepare accounts ahead of March 31 financial year-end. Coronavirus affecting cash flow, with Chinese clients delaying payments or returning unsold goods. Travel restrictions reducing presence of foreign buyers in Mumbai. Strict customs controls and volatile rupee (-2.6% since February 1 to INR 73.4 / $1) creating challenges for cross-border trade. Steady supply of new polished coming to market from rough bought at high prices in January.
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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