Not all that glitters is gold. Sometimes it’s silver, platinum, or palladium.

The troubled gold miner operates the Sugar Zone mine in Ontario and lowered its guidance earlier this year.

Still, bullion is on course for its biggest monthly loss since June.

Operations were suspended following a ground collapse in May.

With a more hawkish Fed disposition, non-commercial traders remaining dollar-strong, and the EUR/USD sinking, it doesn’t bode well for the metals.

Silver is now headed for its worst month in a year, while gold is on course for its biggest monthly drop since June.

The jewelers have launched the offers just as the festive season begins in India, when gold demand peaks.

Collectively, they are asking for a monthly pay increase of 1,500 rand ($100) for workers in Sibanye’s gold mines.