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Gold approaching $5000 and Silver towards $100 – AUGMONT BULLION REPORT

Bullion hits historic peaks as geopolitical uncertainty and expectations of a dovish Fed push Gold toward $5,000 and Silver near the $100 milestone.

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Precisions metals reached historic heights this week as gold neared the psychological $5,000 barrier, touching $4,970 (INR. 1,59,200), while silver surged to $99.2 (INR. 3,40,000). This rally, the strongest weekly performance for the duo since March 2020, is being fueled by a complex cocktail of geopolitical maneuvers and shifting economic policies. Market sentiment was jolted by U.S. President Donald Trump’s claim of securing permanent access to Greenland via a NATO deal—a move that remains shrouded in ambiguity as Denmark maintains its sovereignty—and his sudden cancellation of proposed European tariffs.

AssetRecent High (USD)Indian Price (Approx.)Drivers
Gold$4,970₹1,59,200Safe-haven demand, Geopolitics
Silver$99.2₹3,40,000Short squeeze, China export bans

The upward momentum is further bolstered by growing expectations of monetary easing, with investors betting on a dovish appointment for the next Federal Reserve Chair. Silver, in particular, has seen its gains amplified by a historic short squeeze and heightened retail participation, compounded by supply anxieties following China’s tightening of export controls. Together, these factors have solidified the safe-haven appeal of bullion in an increasingly volatile global landscape.

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International News

Cartier Reimagines an Icon: The Ruby-Set ‘Juste un Clou’ Debuts for Lunar New Year

A Fusion of Industrial Rebellion and Festive Elegance Marks a Limited-Edition Celebration of Luck and Prosperity.

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In a bold intersection of high-fashion defiance and cultural tradition, Cartier has unveiled a limited-edition interpretation of its legendary Juste un Clou collection. This special release sees the iconic “nail” silhouette transformed with a festive row of vivid red rubies, launched specifically to commemorate the Lunar New Year.

Originally conceived in 1970s New York by designer Aldo Cipullo, the Juste un Clou has long been a symbol of the “rebellious spirit” and the elevation of the ordinary into the extraordinary. By integrating rubies—stones that traditionally symbolize luck, vitality, and renewal—Cartier effectively bridges its radical Western design heritage with the deep-rooted values of the East.

The collection features the signature wrap-around nail design in gold in bracelets, necklaces, earrings & rings with the “head” and “point” of the nail meticulously pavé-set with high-quality rubies. Industry experts view this move as a strategic masterstroke, as the “festive red” aesthetic continues to be a primary driver for luxury consumption during the spring transition.

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