India: Small Goods Weak

Market quiet with many dealers at Hong Kong fair. Small goods weak, with prices softening. Suppliers holding prices relatively firm on certified goods, despite buyers pushing for higher discounts. Local purchasers cautious due to weak rupee (INR 72.85/$1). Polished production restrained due to low profit margins and tight liquidity. Local jewelry sales stable.

Round Recent News Gold stocks down as metal and equities momentum fades September 02, 2024 / www.canadianminingreport.com Another Kazatomprom guidance announcement shakes uranium price September 02, 2024 / www.canadianminingreport.com Major monetary drivers still supporting gold August 26, 2024 / www.canadianminingreport.com Gold stocks gain on metal rise and continued equities rebound August 26, 2024 / www.canadianminingreport.com Big Gold stocks outperform Big Base Metals August 19, 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