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AUGMONT Bullion Daily Report

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Fundamental News and Triggers 

Gold acts as a shelter to weather the storm of unpredictability. 

• Gold prices hit a record high above $2850 (around Rs 82000) after the dollar declined following a  report that revealed the U.S. economy grew more slowly than anticipated in the fourth quarter. The  fourth quarter saw a 2.3% increase in the US GDP, which was less than the 2.5% increase that was  predicted and down from the 3.1% increase in the previous quarter. 

• President Donald Trump reiterated his threats to put a 25% tariff on United States goods from Canada  and Mexico. Gold has seen safe-haven flows due to repeated tariff threats.  

• Trump’s immigration and tariff policies continue to be the main emphasis, along with their potential  effects on inflation and the economy. If the inflation data today rises to the downside, it may indicate  that the Fed has more leeway in its policies, which might advance hopes of a rate decrease and boost  gold prices. 

Technical Triggers 

• As forecasted, gold prices have achieved the target of $2800 (~Rs 81000). We can see some profit booking today before prices can rise further. 

• Silver prices have sustained above $31(~Rs 93000) to start their bullish momentum towards $32 (~Rs  96000). 

Support and Resistance 

International Gold Support level : $2790/oz

International Gold Resistance level : $2900/oz

Indian Gold Support level : Rs 81000/ 10 gm

Indian Gold Resistance level : Rs 83000/ 10 gm

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International Silver Support level : $29.5/oz

International Silver Resistance level : $32/oz

Indian Silver Support level : Rs 92500/ kg

Indian Silver Resistance level : Rs 96000/ kg

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National News

Zi Launches As A Modern Indian Design House Redefining Everyday Luxury

The New Jewellery Brand Makes Its Debut With 925 Sterling Silver, With An Expanding Design Vocabulary Across Titanium, Gold and Lab-Grown Diamonds

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Zi, a new Indian design house, has launched with its debut collection of 925 sterling silver jewellery, bringing contemporary, everyday designs to a category traditionally shaped around occasion and ceremony. Starting at Rs 3,500, the collection marks the first chapter of Zi’s ambition to build a modern jewellery house where luxury is defined by design, material and wearability rather than spectacle.

Zi begins with a simple shift in how jewellery is approached: pieces need not be saved for a particular occasion. Its debut collection is designed to become part of an everyday wardrobe, with clean forms, considered detailing and versatile silhouettes that can be worn repeatedly, styled differently and carried across settings.

The collection is divided into three edits: Staple Edits, featuring everyday essentials; Forever Favourites, comprising versatile pieces designed for repeat wear; and Evening Elegance, bringing a more elevated expression to after-dark and occasion dressing. Across the edits, the pieces are designed to work independently or together, allowing customers to build a personal jewellery wardrobe rather than buy around individual occasions.

925 sterling silver forms the foundation of the launch, chosen for its versatility and as the starting point for Zi’s design language. The collection also incorporates other considered metals across select designs and is finished with premium rhodium plating. The jewellery is nickel- and lead-free, with a focus on material quality, finish and everyday wearability.

But silver is only the beginning for Zi. The brand is developing its next phase around more considered, design-led jewellery, including upcoming collections such as The Classics and The Atelier. These collections will build on the restraint of the debut while introducing greater depth and design expression, expanding the idea of what everyday luxury can look like over time.

The house is also developing jewellery across a broader material palette, including titanium fused with gold and lab-grown diamonds. Each material has been selected for a distinct role: titanium for its strength and lightness, gold for its warmth, and lab-grown diamonds as a contemporary interpretation of an established luxury material. The move reflects Zi’s intent to build a design house with a considered material philosophy, rather than remain defined by a single category or metal.

Beyond jewellery, Zi is exploring future lifestyle categories, with design continuing to anchor the brand’s approach. The long-term ambition is to create a design-led house that evolves across materials, products and categories while maintaining a consistent point of view.

The debut collection is available exclusively through Zi’s online platform from 24 August 2026, with prices starting at Rs 3,500.

With its launch, Zi is introducing a different proposition to India’s jewellery landscape: luxury designed not only for the moments that call for it, but for the everyday ones that make up a life. The debut in silver is the starting point; the larger ambition is to build a house with a design language that can evolve with the way modern India wears luxury.

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