International News
Gold and Silver recoup half of the losses AUGMONT BULLION REPORT
- Gold has recovered nearly 15% from recent lows, while silver has rebounded about 25%, as forced liquidations eased and dip buyers stepped in to capitalize on sharply lower prices.
- Geopolitical tensions added to safe-haven demand after the US Navy shot down an Iranian drone in the Arabian Sea, even as markets await a fresh round of nuclear talks scheduled for Friday.
- President Trump signed a spending deal restoring funding for key federal agencies, effectively ending the partial US government shutdown and extending Homeland Security funding until February 13, buying time for further negotiations.
- The US Nonfarm Payrolls report will not be released this Friday; however, the ADP private-sector employment data due Wednesday will offer key insights into labor market conditions.
Technical Triggers
- After achieving target of $5000, Gold prices may extend the ongoing rebound towards $5200 (~ Rs.163,000), with strong support at $4,900 (~ Rs.150,000).
- Silver is attempting to build a base and is expected to consolidate in the $72–$88 range (~ Rs.225,000–Rs.283,000). If prices sustain above this range, then prices can rally towards $98-100 (~ Rs 320-325000) zone in coming days.
Support and Resistance
| Metal | Market | Support Level | Resistance Level |
|---|---|---|---|
| Gold | International | $4900 / oz | $5200 / oz |
| Gold | India | ₹150,000 / 10 gm | ₹163,000 / 10 gm |
| Silver | International | $72 / oz | $88 / oz |
| Silver | India | ₹225,000 / kg | ₹283,000 / kg |
International News
Gold and Silver Hold Bullish Bias Amid Fed Rate Ambiguity and Geopolitical Risk-AUGMONT BULLION REPORT
- Demand and Supply – Gold and silver are carrying forward last week’s uptrend, helped by fewer bets on the Federal Reserve tightening policy next month, as investors wait for key U.S. inflation data that could reshape expectations around the Fed’s path.
- Geopolitical Tensions – The U.S. and Yemen’s Iran-backed Houthi rebels reported separate shipping attacks on Tuesday, while hopes of ending the Iran war seemed to fade further, as Tehran said the Strait of Hormuz would stay shut unless Washington agrees to its terms.
- Macro-Economic Signals – As investors wait for U.S. inflation data for clues on the Fed’s policy direction, a stronger reading could support a tighter stance and add more pressure on gold, while a softer number could bring some relief. Traders are currently pricing in a 50% chance of a hike in September, down from 60% before the jobs report.
Technical Triggers
- Gold’s break above $4200 (~Rs 1,46,000) has opened the way toward $4,500 (~Rs 1,56,000). Gold is holding support at its uptrend line through August. Near-term support sits at $4350 (~Rs 153,500).
- Silver’s move past $63 (~Rs 2,30,000) has opened the path toward $70-71 (~Rs 2,50,000-2,55,000).
Support and Resistance
| International Gold Support Level International Gold Resistance Level Domestic Gold Support Level Domestic Gold Resistance Level | : $4350/oz : $4500/oz : Rs 151,500/10 gm : Rs 156,000/10 gm |
| International Silver Support Level International Silver Resistance Level Domestic Silver Support Level Domestic Silver Resistance Level | : $63/oz : $70/oz : Rs 230,000/kg : Rs 255,000/kg |
National News7 minutes ago
Farah Khan Fine Jewellery Celebrates Raksha Bandhan With Timeless Gifts Of Love
National News20 minutes ago
MCX Gold and Silver Prices Largely Subdued On A Firmer U.S. Dollar
National News31 minutes ago
India’s GJ Exports Rise 2.44% To US$ 9.17 Billion In April–July 2026, Led By 21% Surge In Studded Gold jewellery
National News7 minutes ago
Farah Khan Fine Jewellery Celebrates Raksha Bandhan With Timeless Gifts Of Love
National News2 hours ago
Shankesh Jewellers Limited’s Initial Public Offering To Open On Tuesday, August 18, 2026
International News39 minutes ago
Gold and Silver Hold Bullish Bias Amid Fed Rate Ambiguity and Geopolitical Risk-AUGMONT BULLION REPORT
-
National News7 minutes agoFarah Khan Fine Jewellery Celebrates Raksha Bandhan With Timeless Gifts Of Love
-
National News2 hours agoShankesh Jewellers Limited’s Initial Public Offering To Open On Tuesday, August 18, 2026
-
International News39 minutes agoGold and Silver Hold Bullish Bias Amid Fed Rate Ambiguity and Geopolitical Risk-AUGMONT BULLION REPORT
-
National News20 minutes agoMCX Gold and Silver Prices Largely Subdued On A Firmer U.S. Dollar
JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.