India: Local Buyers Cautious

Sentiment weaker amid bankruptcy rumors. Localbuyers cautious due to firm polished prices and recent rupee depreciationagainst the dollar (-2.4% in June to $1 = INR 68.80). Fewer foreign buyers inMumbai, owing to US summer vacation. Good demand for 0.30 to 3 ct., G-J, VS-SI,RapSpec A3+ diamonds. Manufacturing steady after $575 million De Beers Junesight.

Round Recent News Gold stocks propelled by gain in metal and equities May 13, 2024 / www.canadianminingreport.com Big Gold producers report strong Q1/24 results May 13, 2024 / www.canadianminingreport.com Gold stocks decline as metal drop offsets equity risk on May 06, 2024 / www.canadianminingreport.com Canadian mining equity capital raising robust in 2023, early 2024 May 06, 2024 / www.canadianminingreport.com Gold stocks gain even as metal price pulls back April 29, 2024 / 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