National News

Augmont Launches Limited Edition ‘Bharat and Beyond’ Silver Coin Kit

Commemorating India’s 75th Republic Day anniversary

Published

1 year ago

January 26, 2025

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Pioneers in the Gold Industry, Augmont is launching limited edition Silver Coin Kit with the theme ‘Bharat and Beyond’ to commemorate India’s 75th Republic Day

Meticulously crafted by Augmont, the ‘Bharat and Beyond Silver Coin Kit’ isn’t just a collector’s item; it is a symbol of the nation’s extraordinary progress, celebrating the milestones in technology, healthcare, education, and infrastructure that have shaped the ‘Bharat’ we see today.

This exclusive ‘Bharat and Beyond Silver Coin Kit’ offers a unique commemorative experience, featuring a 5-gram 999 purity silver coin that symbolises India’s progress, a copy of ‘The Constitution of India’ book by Dr. B.R. Ambedkar, reflecting the country’s democratic foundation, and a selection of Augmont goodies, adding a special touch to this.

This thoughtfully curated kit serves as a tribute to India’s achievements while preserving the essence of its cultural and democratic heritage.

Sachin Kothari, Director at Augmont said “The commemorative silver coin kit celebrates India’s (Bharat) advancements over the past decade in sectors such as technology, healthcare, education, and infrastructure.

“It also serves as a symbol to inspire both present and future generations to continue fostering growth and development, carrying forward the flame of innovation.”

The Bharat and Beyond coin design draws inspiration from two iconic symbols of India’s governance and cultural heritage: the recently built New Indian Parliament building and the Sengol.

The New Parliament building, representing India’s vibrant democracy, stands as a symbol of strength, inclusivity, and progress in shaping India’s future. And the Sengol, an ancient symbol of power and justice, reflects India’s rich cultural legacy and the continuity of leadership.

Together, these elements embody Bharat’s journey of growth, bridging its glorious past with its ambitious future as it emerges as a global powerhouse leading innovation in technology, healthcare, education, and infrastructure.

National News

MCX Gold and Silver Experiencing Downward Pressure Amid Macroeconomic Headwinds

MCX Gold and Silver Face Tactical Bearish Pressures from Macro-Geopolitical Synergies, Yet Structural Uptrends Offer Opportunistic Entry Points Above Core Supports

Published

51 minutes ago

April 24, 2026

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MCX Gold and Silver markets are experiencing downward pressure amid escalating geopolitical tensions and macroeconomic headwinds. This report provides a strategic analysis of current dynamics, leveraging real-time data for informed stakeholder decision-making.

Executive Summary

The MCX Gold futures have dipped below the pivotal Rs 1.51 lakh threshold per 10 grams, reflecting a 0.31% decline to Rs 1,49,950 in early trading on April 24, 2026, while Silver hovers around Rs 2.40 lakh per kg with a 0.56% drop to Rs 2,40,168. These movements stem from heightened US-Iran hostilities at the Strait of Hormuz, bolstering crude oil prices and inflationary expectations, which in turn elevate the opportunity cost of non-yielding bullion assets.

Market Performance Overview

Gold Pricing Dynamics: MCX Gold May futures opened lower at Rs 1,49,950, recovering marginally from sub-Rs 1.51 lakh lows after prior session gains to Rs 1,50,750; spot international gold trades below $4,700/oz.
Silver Pricing Trajectory: MCX Silver May futures at Rs 2,40,168, down from Rs 2,42,213, with intraday lows near Rs 2,39,200 amid a slower selloff pace versus recent sharp declines.
Volatility Metrics: Weekly declines accelerated by US Dollar strength (up ~1%) and 10-year Treasury yield surge (>2%), compressing bullion appeal in a high-rate paradigm.

Key Risk Drivers

Elevated energy costs from US-Iran escalations, including naval blockades and mine-laying incidents at the Strait of Hormuz, have intensified inflationary risks and fueled speculation of prolonged elevated interest rates by central banks. President Trump’s directives for US Navy interventions and indefinite ceasefire extensions underscore persistent geopolitical volatility, indirectly pressuring bullion as a safe-haven amid dollar dominance.

Strategic Outlook and Recommendations

Bullish momentum persists in medium-term technicals, with Gold targeting Rs 1.63 lakh and Silver Rs 2.80 lakh if supports hold, though near-term headwinds from yield curves and crude spikes warrant hedging strategies. Stakeholders should prioritize portfolio rebalancing toward diversified yield-bearing alternatives while monitoring Hormuz developments for pivot reversals.

MCX Gold and Silver face tactical bearish pressures from macro-geopolitical synergies, yet structural uptrends offer opportunistic entry points above core supports—positioning for volatility-normalized alpha generation.