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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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This Father’s Day, Aham By Senco Gold & Diamonds Celebrates Everyday Heroes

A Tribute To Fathers Whose Unwavering Support, Quiet Strength and Enduring Presence Make Them Our First Heroes, Expressed Through Jewellery That Reflects Individuality, Character and Confidence

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Father’s Day is often marked by grand gestures, but for many, the memories that endure are built on quieter moments. A reassuring hand on the shoulder before a big decision, a father waiting up late until his child gets home safely, and the countless sacrifices that often become visible only with time. These are the moments that remind us why, for so many, our first hero has always been our dad.

This Father’s Day, Aham by Senco Gold & Diamonds celebrates these everyday heroes who wear their identity with confidence and authenticity.

Meaning “self” or “inner identity“, Aham was created for the modern man who values substance as much as style. Aham by Senco reflects a growing shift in how men choose to express themselves, not through excess, but through thoughtful details that tell a story about who they are. From contemporary bracelets and kadas to rings, chains, cufflinks and pendants, each piece is designed to complement the many roles a man plays, whether as a father, mentor, guide or role model.

Today’s fathers are redefining masculinity in their own way. They are more present, more emotionally expressive, and more involved in the everyday milestones of family life. They celebrate achievements, navigate challenges, and create lasting memories, often without expecting recognition in return. Through their quiet strength, unwavering support and unconditional love, they continue to be heroes in the eyes of their families. Aham acknowledges this evolution by offering jewellery that feels personal, meaningful and reflective of character.

Speaking about the significance of the collection, Joita Sen, Director and Head of Marketing & Design, Senco Gold & Diamonds, said:

Fatherhood is often defined by the things that go unsaid. The strength to support, the patience to guide, and the willingness to put family first are qualities that deserve to be celebrated. For many of us, our fathers are our first heroes, shaping our values and standing beside us through every stage of life. With Aham, we wanted to create jewellery that reflects the individuality and quiet confidence of the modern man. This Father’s Day, we want to meaningfully celebrate the fathers and honour father figures whose influence shapes our lives every day.”

Crafted in gold, diamonds, platinum and silver, Aham blends timeless craftsmanship with contemporary design sensibilities. For the men who seek jewellery that feels effortless, versatile and deeply personal, making it a thoughtful choice for Father’s Day gifting.

More than an accessory, every piece from Aham serves as a reminder that style is most powerful when it reflects identity. This Father’s Day, Aham invites families to celebrate the men who have always been their heroes, whose strength lies not in what they say, but in everything they do.

The Aham collection is available across Senco Gold & Diamonds showrooms, on the Senco app and at sencogoldanddiamonds.com.

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