With gold prices reaching unprecedented levels in 2024, jewellers have faced increasing pressure on margins and inventory management. Recent market volatility has highlighted the critical importance of accurate forecasting for businesses managing precious metal stocks, particularly given the sector’s traditional requirement for advance production planning and seasonal buying.Understanding likely market movements has become more crucial than ever, as businesses seek to balance stock holdings against working capital while maintaining competitive pricing. Against this backdrop, new analysis from BullionVault has revealed that artificial intelligence tools may offer jewellers more accurate precious metal price predictions than traditional forecasting methods.The study shows that…

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