National News
Gold consolidates in the $50 range before a decisive move: Augmont Bullion Report
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).
National News
IAGES Brings Together Accredited Gold Industry Stakeholders At Trust Circle 2026
Trust Circle 2026 Connects Gold Industry Stakeholders To Strengthen Trust, Transparency and Responsible Practices
The Indian Association for Gold Excellence and Standards (IAGES) hosted its Trust Circle 2026 event at The Oberoi, New Delhi, bringing Accredited Partners and stakeholders from across the gold value chain together for an evening centred on trust, transparency and responsible practices in the sector.
The event drew representatives from diverse segments of the gold ecosystem, including refining, bullion trading, manufacturing, assaying and hallmarking, retail and digital investment gold – reflecting the breadth of IAGES’s growing Accredited Partner network.
Cedrick Charles Crowley, Deputy High Commissioner of South Africa to India, attended as Chief Guest alongside Sachin Jain – Regional CEO India, World Gold Council and Kaushlendra Sinha – CEO, IAGES, lending an international perspective to the evening. Conversations through the evening centred on peer-to-peer dialogue, the evolving needs of the gold sector, and the role of consistent standards in strengthening the ecosystem – with stakeholders exchanging perspectives on what responsible practice looks like across different parts of the value chain.
Kaushlendra Sinha – CEO, IAGES said:

“Trust across the gold value chain is strengthened when stakeholders come together, share experiences and work towards a common understanding of excellence and responsible practices. Trust Circle was created to facilitate precisely this kind of industry engagement. The participation of our Accredited Partners reflects the value of coming together as an ecosystem, and we look forward to building on these conversations as the IAGES network continues to expand.”
As the Indian gold industry evolves, platforms that connect different segments of the value chain help encourage greater exchange of knowledge and best practices, and Trust Circle gave Accredited Partners the opportunity to build stronger professional connections within the network.
The evening concluded with cocktails and dinner, giving Accredited Partners and invited guests further opportunity to network.
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