International News
Bullion Dips in India Despite Safe-Haven Demand as Dollar Firms
Precious metals opened slightly softer in India on Thursday (March 12), tracking cautious sentiment in international markets as geopolitical developments and a firmer US dollar tempered buying interest in bullion.
On the Multi Commodity Exchange (MCX), gold futures eased 0.26% to Rs.1.61 lakh per 10 grams for 24-carat gold. Silver prices also moved lower, slipping 0.63% to Rs.2.67 lakh per kilogram.
The modest decline in domestic bullion largely reflected global price action. Internationally, gold edged down in early trading, with spot prices hovering near $5,151 per ounce, while US gold futures for April delivery traded around $5,156 per ounce.
Market pressure came primarily from a stronger US dollar, which gained roughly 0.3%. A firmer dollar typically makes dollar-denominated commodities like gold more expensive for holders of other currencies, reducing immediate buying interest.
At the same time, crude oil prices climbed sharply as tensions involving Iran intensified and concerns grew over potential supply disruptions through the strategic Strait of Hormuz, a crucial passage for global energy shipments. These developments added volatility to commodity markets, influencing investor positioning across precious metals.
International News
Sabyasachi, The Metropolitan Museum Of Art Partnered For A Multi-Year Collaboration
The Line Bridges Historic Met Artifacts With Modern Luxury, Weaving Human Themes Of Love, Mortality, and Family Into Extravagant High Jewelry.
Nearly two decades after making his New York runway debut, renowned Indian designer Sabyasachi Mukherjee is set to return to New York Fashion Week on September 15, 2026, unveiling the first chapter of a multi-year collaboration with The Metropolitan Museum of Art (The Met).
The partnership will debut with an exclusive six-piece high jewellery collection inspired by the museum’s extraordinary holdings of art, sculpture and material culture. The collection reflects Sabyasachi’s belief that history is not static, but continues to evolve as it travels across cultures and generations.



Comprising three necklaces, two wrist cuffs and a pair of earrings, the collection draws from Byzantine and Roman influences while translating historic iconography into contemporary luxury. Crafted in 18k and 22k gold, the pieces feature round brilliant-cut diamonds alongside jade, tourmaline, lapis lazuli, jasper and onyx.
The designs take inspiration from Imperial Roman statuary, ancient medallions and religious artefacts housed in The Met. Among the standout creations is a pendant necklace based on an Imperial Roman marble sculpture depicting a family, inspired by a 2nd–3rd century CE Roman funerary relief from Thrace. Another notable piece is an asymmetrical tiger-claw necklace influenced by the intricate decoration of a 12th-century casket.
Rather than simply recreating historical objects, Sabyasachi reinterprets them through the lens of modern high jewellery, weaving universal themes such as love, mortality and family into each creation.


The New York presentation marks the beginning of a long-term creative dialogue between Sabyasachi and The Met, bringing together Indian design sensibilities and one of the world’s most celebrated museum collections in a collaboration that bridges heritage, craftsmanship and contemporary luxury.
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