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 Big Gold has another strong quarter, but some signs growth cooling May 12, 2025 / www.canadianminingreport.com Gold stocks nearly regain highs on rising metal price May 12, 2025 / www.canadianminingreport.com Gold stocks down as risk on move continues May 05, 2025 / www.canadianminingreport.com Mixed outlook for resources on new Canadian government May 05, 2025 / www.canadianminingreport.com Gold's Bull Market Pullbacks April 28, 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