Sentiment weak amid slowpolished trading. Foreign buyers looking for bargains and pushing for deeperdiscounts on goods below 0.50 ct. Local dealers cautious, despite boost fromrupee's rise to INR 68.6/$1. Liquidity tight due to overseas purchasers delayingpayments, and businesses settling accounts before the financial year-end. Roughmarket subdued as cutters try to reduce polished inventory and avoidmanufacturing low-profit rough.
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Recent NewsBig Gold has another strong quarter, but some signs growth coolingMay 12, 2025 / www.canadianminingreport.com
Gold stocks nearly regain highs on rising metal priceMay 12, 2025 / www.canadianminingreport.com
Gold stocks down as risk on move continuesMay 05, 2025 / www.canadianminingreport.com
Mixed outlook for resources on new Canadian governmentMay 05, 2025 / www.canadianminingreport.com
Gold's Bull Market PullbacksApril 28, 2025 / www.canadianminingreport.com
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