International News
A new collection to celebrate ruby month- Arayian x Gemfields
Ruby is the fiery birthstone for the month of July – and to mark the arrival of this sultry summer month comes a new collaboration featuring gems from Gemfields’ ruby mine in Mozambique.



The Arayian Jewellery x Gemfields capsule collection harnesses the allure and talismanic properties of Mozambican rubies in an array of designs, from elegant dangling ‘chandelier’ earrings to diamond-encrusted ruby rings, classic bracelets, and rich statement necklaces.



Renowned for its bold use of coloured gemstones and red-carpet-worthy designs, Arayian’s pieces are a perfect showcase for rubies from Montepuez Ruby Mining, located on one of the world’s most significant ruby deposits and majority-owned by Gemfields, a world-leading responsible miner and marketer of coloured gemstones. Though the deposit was only discovered in 2009, Montepuez has been the source of some of the most exquisite gems the world has ever seen, putting Mozambique firmly on the map when it comes to rubies.



Arayian is renowned for working with some of the finest coloured gemstones from selected suppliers, and then expertly cutting these and managing the entire process in-house, from sourcing to creation, to ensure the most exceptional quality. The new collection features refined, timeless designs, created by Arayian’s team of master artisans to highlight the natural beauty of each gemstone, with subtle modern elements woven into classic forms, resulting in pieces that feel current yet enduring: worthy of being passed down generations.
Arayian shares Gemfields’ passion for responsible practices, making it an ideal brand partner. Gemfields strives to operate with transparency, legitimacy and integrity at every stage of the mining process, ensuring that profits from sales of its coloured gemstones – rubies from Mozambique and emeralds from the Kagem mine in Zambia – bring tangible benefit back to their countries of origin, positively impacting communities.

“Each piece from the Arayian Jewellery x Gemfields collection features responsibly mined Mozambican rubies, chosen for their vivid colour and unique character,” says Elena Basaglia, Gemfields’ Head of Partnerships and Product – Downstream. “Gemfields takes great pride in seeing these gems showcased in striking designs that capture the glamour of the red carpet and the strength of the women who wear them,” adds Basaglia. Gemfields is delighted to see these treasures from Mozambique shining brightly in this exciting new collection – perfectly timed for ruby month, a high point of the year! The Arayian Jewellery x Gemfields ruby collection ranges from USD 7,500 to USD 150,000 and is available from 1 July 2025 on Arayian.com
International News
Precious Metals Find Support On Ceasefire Optimism AUGMONT BULLION REPORT
Gold Is Trading At Y Oversold Levels Near The Critical Support Zone Of $4,300, Silver Testing Key Support In The $66–$67 Range
- Price Movement – Gold and silver are consolidating near key support levels as markets digest a fragile Israel-Iran ceasefire alongside mounting concerns over inflation and the prospect of further interest rate hikes.
- Geopolitical Developments – President Trump confirmed that both parties are pursuing an immediate ceasefire, with final negotiations advancing. Israel and Iran announced a mutual halt to hostilities following a direct appeal from Washington. However, Tehran cautioned that it reserves the right to resume strikes if Israeli operations against Hezbollah in Lebanon continue.
- Macro-economic Signals – CME FedWatch data shows markets now pricing a greater than 70% probability of a Fed rate hike by December. Investors are closely watching May’s U.S. CPI and PPI releases, due Wednesday, for clearer signals on the Fed’s policy trajectory. The European Central Bank is also widely expected to deliver a rate increase this week.
Technical Triggers
- Gold is currently trading at deeply oversold levels near the critical support zone of $4,300 (approximately Rs. 1,54,000). A technical rebound of 3–4% is anticipated from current levels, driven by bottom-fishing activity. However, a sustained break below this support would shift the near-term bias decisively lower, exposing the $4,000–$4,100 range (approximately Rs. 1,50,000–Rs. 1,51,500) as the next downside target.
- Silver is similarly oversold, testing key support in the $66–$67 range (approximately Rs. 2,40,000–Rs. 2,42,000). As with gold, a 3–4% technical recovery is the base case on dip-buying, but a confirmed sustainability below this support would accelerate selling pressure toward $60 (approximately Rs. 2,20,000) in the short term.
Support and Resistance
| International Gold Support Level International Gold Resistance Level Domestic Gold Support Level Domestic Gold Resistance Level | : $4300/oz : $4500/oz : Rs 154,000/10 gm : Rs 160,000/10 gm |
| International Silver Support Level International Silver Resistance Level Domestic Silver Support Level Domestic Silver Resistance Level | : $66/oz : $75/oz : Rs 240,000/kg : Rs 260,000/kg |
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