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All that glitters is Gold :AUGMONT BULLION REPORT

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  • Spot gold has reached its historic level of $4000 (~Rs 122,000), glittering more than 55% year-to-date, and setting a new milestone, amid global economic uncertainty and expectation of US interest rate cuts, investors are moving towards safety. 
  • Key economic data have been delayed by the US government shutdown, which is currently in its second week, making evaluations of the state of the US economy more difficult.
  • Further layers of uncertainty for international markets are being added by the ongoing political unrest in France and the recent change of leadership in Japan.
  • According to World Gold Council data, net inflows into Indian gold ETFs totalled $902 million in September 2025, a 285 per cent increase from $232 million in August. This was the fourth consecutive month of inflows, and all months of 2025 saw positive traction except for March and May.

Technical Triggers 

  • As bull run continues, Gold rally which is reached $4050(~Rs 122,500), can show more upward spikes towards $4150(~Rs 125,000), but one needs to be very cautious at this level. On the other hand, if Gold falls below $3950 (~Rs 120,000), we can say, top has been made, and a correction will follow.
  • Silver is on the way to touch $50(~Rs 150,000), as the bull run continues. $47(~Rs 145,000) is very strong support. If prices sustain below this level, we could see more correction or profit booking.

Support and Resistance

MetalMarketSupport LevelResistance Level
GoldInternational$3850/oz$4150/oz
Indian₹117,000/10 gm₹125,000/10 gm
SilverInternational$46.50/oz$50/oz
Indian₹142,000/kg₹150,000/kg
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Van Cleef & Arpels Gives Its Iconic Alhambra a Pink Enamel Makeover

The Maison Introduces Five New Alhambra Creations Featuring Translucent Pink Enamel and Yellow Gold

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Van Cleef & Arpels has unveiled a vibrant new chapter for its iconic Alhambra collection, introducing translucent pink enamel to the signature four-leaf clover motif for the first time. The new creations combine the Maison’s emblem of luck with yellow gold, bringing a fresh, contemporary expression to the enduring design.

The new five-piece selection comprises a Vintage Alhambra pendant, five-motif bracelet, 10-motif necklace, 20-motif long necklace and Magic Alhambra two-motif earrings. The earrings additionally feature guilloché yellow gold, adding texture and contrast to the pink enamel.

The distinctive pink is the result of several years of research at Van Cleef & Arpels’ enamel workshops. Inspired by the historic 17th-century “gold-ruby” technique, the colour is created using fine particles of gold rather than traditional pigments. Carefully controlled particle size, shape and concentration produce the desired translucent hue.

Adding to its visual depth, the enamel contains tiny bubbles, giving each Alhambra motif a distinctive character while creating subtle variations as the surface catches and reflects light. The motifs are framed by the Maison’s signature gold beaded contours, further enhancing the interplay between the pink enamel and yellow gold.

Since its debut in 1968, Alhambra has continually evolved through different stones, materials and colours while retaining its instantly recognisable four-leaf clover silhouette. The introduction of enamel marks another significant step in that evolution, bringing together heritage craftsmanship, technical innovation and contemporary colour.

With its new pink interpretation, Van Cleef & Arpels continues to reinvent one of jewellery’s most recognisable motifs, demonstrating how traditional savoir-faire can give a familiar icon an entirely new expression.

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