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FED cautious outlook caps gain in precious metals AUGMONT BULLION REPORT

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  • While we wait to see what happens next in the Israel-Iran confrontation, gold has slightly recovered. If the United States choose to intervene directly in the battle, the geopolitical tensions may increase.
  • The U.S. Military has evacuated some ships and aircraft from Middle Eastern locations that could be attacked by Iran.
  • Interest rates were kept unchanged by the Fed on Wednesday. The rate cut pace was slowed, but Fed policymakers still expect to cut rates by half a percentage point this year.
  • But as greater import tariffs loom, Fed Chair Jerome Powell warned against placing too much emphasis on this prediction, pointing to “meaningful” inflation in the future.

Technical Triggers  

  • Gold prices are consolidating around record-high levels in the range of $3360(~Rs 99000) and $3475         (~Rs 101,000).
  • Silver has crossed the $37 (~Rs 109,000) resistance. The next target is $38 (~Rs 112,000) if this positive momentum continues.

Support and Resistance

MetalRegionSupport LevelResistance Level
GoldInternational$3300/oz$3500/oz
Indian₹96,000/10 gm₹1,01,000/10 gm
SilverInternational$36/oz$38/oz
Indian₹1,05,000/kg₹1,12,000/kg

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International News

DMCC Launches ‘DMCC FinX’ To bridge institutional capital, trade and technology

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DMCC – the leading international business district that drives the flow of global trade through Dubai – officially launched DMCC FinX today during the 13th Dubai Precious Metals Conference (DPMC) at Atlantis The Palm. Bringing together more than 1,000 senior industry figures, the conference convened global leaders from precious metals, finance, policy and technology to examine the forces reshaping the future of the sector.

Our closing panels at #DPMC2025 discuss regulation and market evolution. Deliberations on artisa (1)

Held under the theme “The Future of Precious Metals: Tariffs, Tokenisation and Trade Flows,” DPMC 2025 explored the rapid transformation of global commodities markets as geopolitical realignment, emerging technologies and reconfigured trade corridors redefine how value moves worldwide. Discussions centred on the convergence of precious metals, digital assets and finance; the rise of tokenisation; and Dubai’s accelerating role as a centre of trust, transparency and innovation for the global gold and precious metals industry.
Keynote speeches were delivered by H.E. Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, Ruth Crowell, Chief Executive of the London Bullion Market Association (LBMA) and global financial commentator Grant Williams. The conference featured senior representatives from leading exchanges, refineries, bullion banks and regulatory bodies, including the World Gold Council, the Shanghai Gold Exchange, CME Group and the UAE Ministry of Economy. Panel sessions explored the realignment of global trade flows, the harmonisation of international standards, responsible sourcing in artisanal mining and the evolving role of bullion banks in a multipolar economy.

Our closing panels at #DPMC2025 discuss regulation and market evolution. Deliberations on artisa (2)

One of the headline announcements of the day was the formal launch of DMCC FinX – a strategic expansion designed to connect capital market participants, trade finance professionals and fintech innovators with DMCC’s rapidly growing community of more than 26,000 companies. Built on DMCC’s established financial and commodities infrastructure – including the Dubai Gold & Commodities Exchange (DGCX), its central counterparty and clearinghouse the Dubai Commodities Clearing Corporation (DCCC), DMCC Crypto Centre, DMCC Tradeflow platform, and key industry partnerships with regulatory players such as the Dubai Virtual Assets Regulatory Authority (VARA) – DMCC FinX will bridge real-world commerce, capital markets and digital assets, reinforcing Dubai’s position as a global hub where finance and trade intersect

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