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Bullion Prices Recover On Technical Buying Amid Geopolitical Uncertainty AUGMONT BULLION REPORT

Markets Largely Expect The Fed To Hold Rates Steady At Next Week’s Meeting, Though They’re Pricing In A More Than 55% Chance Of A Rate Hike In September.

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Price Movement – Gold and Silver bounced back on technical buying as investors weighed the widening Middle East conflict and waited for next week’s U.S. Federal Reserve meeting for hints on where interest rates are headed. The conflict’s recent escalation pushed oil prices to their highest level in over a month on Monday, while more U.S. policymakers argued that rates might need to go up to keep inflation in check.

Geopolitical Tensions – Tehran received a proposal from mediators for a 10-day ceasefire, aimed at rescuing the interim ceasefire deal signed in June. Iran’s Interior Minister Eskandar Momeni traveled to Pakistan, a key mediator, and urged Islamabad to keep up its efforts.

Macro-Economic Signals – ADP data revealed that U.S. private employers added just 16,500 jobs per week on average in the four weeks ending July 4, down from 19,250 a week in the previous four-week stretch — the fourth consecutive slowdown in hiring. Markets largely expect the Fed to hold rates steady at next week’s meeting, though they’re pricing in a more than 55% chance of a rate hike in September.

Technical Triggers

If Gold falls below $4,000 (~Rs 1,41,000), it could slide further to $3,900 (~Rs 1,38,000). But if it manages to stay above $4,200, a fresh rally could take it toward $4,500 (~Rs 1,55,000).

For Silver, a strong move above $63 (~Rs 2,35,000) could push prices toward $70–71 (~Rs 2,51,000–2,55,000). On the other hand, a fall below $55 (~Rs 2,14,000) may drag it down to $50 (~Rs 2,00,000).

Support and Resistance

International Gold Support Level
International Gold Resistance Level
Domestic Gold Support Level
Domestic Gold Resistance Level
: $3900/oz
: $4160/oz  
: Rs 137,000/10 gm
: Rs 147,000/10 gm
International Silver Support Level
International Silver Resistance Level
Domestic Silver Support Level
Domestic Silver Resistance Level
: $55/oz
: $63/oz  
: Rs 214,000/kg
: Rs 235,000/kg
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International News

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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