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 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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