India: Cutters Under Pressure

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 News Mixed outlook for gold as it remains range bound for past three months June 30, 2025 / www.canadianminingreport.com Gold stocks down on flat metal price June 30, 2025 / www.canadianminingreport.com Gold stocks down on metal decline June 23, 2025 / www.canadianminingreport.com Huge quantifiable rise in geopolitical, economic and trade risks June 23, 2025 / www.canadianminingreport.com Platinum clearly ahead of palladium for first time in seven years June 16, 2025 / 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