Cautious sentiment amid tight liquidity and concerns about oversupply. Manufacturers maintaining low production to avoid flooding the market with goods. Steady demand for 0.30 to 0.50 ct. diamonds. Few overseas buyers in Mumbai after India canceled visas for Chinese visitors. Trade disappointed by 2020 government budget, which kept import duty on gold at 12.5% and polished diamonds at 7.5%.
Round
Recent NewsGold stocks propelled by gain in metal and equitiesMay 13, 2024 / www.canadianminingreport.com
Big Gold producers report strong Q1/24 resultsMay 13, 2024 / www.canadianminingreport.com
Gold stocks decline as metal drop offsets equity risk onMay 06, 2024 / www.canadianminingreport.com
Canadian mining equity capital raising robust in 2023, early 2024May 06, 2024 / www.canadianminingreport.com
Gold stocks gain even as metal price pulls backApril 29, 2024 / www.canadianminingreport.com
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