Cautious sentiment amid tight liquidity and concerns about oversupply. Manufacturers maintaining low production to avoid flooding the market with goods. Steady demand for 0.30 to 0.50 ct. diamonds. Few overseas buyers in Mumbai after India canceled visas for Chinese visitors. Trade disappointed by 2020 government budget, which kept import duty on gold at 12.5% and polished diamonds at 7.5%.
Round
Recent NewsMonetary-driven precious metals outperform major base metalsSeptember 09, 2024 / www.canadianminingreport.com
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Gold 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
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