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Gold consolidates in the $50 range before a decisive move: Augmont Bullion Report

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Gold prices are consolidating in a range between $2885 and $2935, spurred by a weaker US dollar and safe-haven flows as fears about the US economy grow amid growing trade tensions.

Concerns over a probable economic slowdown were heightened after President Donald Trump stated that the US economy was in a moment of transition while refusing to rule out the chance that his policies would create a recession.

This comes after the United States delayed imposing 25% tariffs on several Canadian and Mexican imports for a month, while Canada maintained its first retaliatory measures. China also levied further duties on some American agriculture products in reaction to Trump’s latest tariff increases on Chinese imports. Meanwhile, Fed Chair Jerome Powell acknowledged increased economic uncertainties but expressed no need to decrease interest rates.

Investors are now looking forward to US inflation statistics later this week, which may impact the Fed’s monetary policy position.

Technical Triggers      

Gold prices are consolidating in a range between $2885(~Rs 85400) and $2935(~Rs 86200), prices need to break this range for decisive move towards upside momentum of $2975 (~Rs 87000). 

Silver May Futures is gaining strength and if sustains above $330(~Rs 96700), the next target is $340(~Rs 100,000), and once it sustains above that, it can head higher towards $350(~Rs 103,000).

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Kushals Fashion Jewellery Unveils a New Festive Collection for Karwa Chauth: Jewellery Made for the Moonlight

The collection blends Kundan, Zircon and gold-plated jewellery with BIS Hallmarked 92.5 silver mangalsutras, bringing traditional elegance and contemporary style to Karwa Chauth celebrations.

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Karwa Chauth is an occasion marked by festive dressing, traditional rituals and jewellery that completes the celebration look. From statement pieces for the puja to elegant designs for the evening, jewellery adds colour and character to the festivities.

This Karwa Chauth, Kushals Fashion Jewellery introduces a new festive collection that brings together Indian design elements and a modern, fashion-forward feel. The range features Kundan and Zircon (American Diamond) jewellery, with pieces that are 18K gold-plated with a premium finish. It also includes mangalsutras crafted in BIS Hallmarked 92.5 silver, offering a mix of statement festive jewellery and versatile designs.

The collection features statement earrings, necklace sets, bangles, kadas, cuffs, rings and bracelets, alongside mangalsutras in different lengths and styles. From bold designs with colourful stone accents to delicate pieces with subtle detailing, the range brings together a variety of styles for the festive season. Intricate Kundan work, sparkling Zircon stones and rich red and green accents add colour and character to the designs, while the mix of statement and minimal pieces offers options for different festive looks.

The mangalsutra range combines traditional motifs with contemporary designs, offering versatile options for everyday wear and festive occasions. Crafted in BIS Hallmarked 92.5 silver, the range includes bracelet-style mangalsutras with floral details, shorter designs featuring teardrop and heart-shaped Zircon stones, and longer Kundan pendants with peacock and floral motifs, emerald-green accents and pearl drops.

With this collection, Kushals Fashion Jewellery brings together Indian tradition and modern style, giving women more ways to flaunt their festive look at Karwa Chauth.

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