Sentiment subdued amid reducedbank credit and tight rough-to-polished profit margins. Manufacturers loweringproduction in an effort to deplete inflated inventories and in anticipation oflower De Beers rough offerings. Good demand for nice-quality SIs, which are inshort supply. Buyers sensing midstream pressures and pushing for deeperdiscounts. Dealers focused on US, hoping for stronger 2Q restocking by jewelryretailers.
Round
Recent NewsMonetary-driven precious metals outperform major base metalsSeptember 09, 2024 / www.canadianminingreport.com
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Major monetary drivers still supporting goldAugust 26, 2024 / www.canadianminingreport.com
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