Sentiment subdued amid reducedbank credit and tight rough-to-polished profit margins. Manufacturers loweringproduction in an effort to deplete inflated inventories and in anticipation oflower De Beers rough offerings. Good demand for nice-quality SIs, which are inshort supply. Buyers sensing midstream pressures and pushing for deeperdiscounts. Dealers focused on US, hoping for stronger 2Q restocking by jewelryretailers.
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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