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
GJEPC & DHL Host E-Commerce & Export Logistics Seminar In Delhi
Industry Seminar Focuses On E-Commerce Growth, Logistics Solutions and Global Shipping Opportunities For The Gem and Jewellery Sector
Gem & Jewellery Export Promotion Council (GJEPC) Delhi Regional Office, in association with DHL, organised an industry seminar titled “Delhi to the World” on 14th May 2026 at the GJEPC Delhi Office, bringing together 35 members to discuss e-commerce, logistics and international shipping solutions for the gem and jewellery sector.
Welcoming the participants, Ashutosh Srivastava, Regional Director – North, greeted the DHL delegation comprising Ashim Sen, Satya Rath, Tej Desai, Vishal Sehgal, Rishi Pant, Aditya Karid and Aditya Khandelwal. He also welcomed Nitin Khandelwal, Deputy Director – Jaipur & Head of E-commerce, GJEPC, who highlighted the increasing importance of e-commerce and modern logistics infrastructure for the gem and jewellery industry during his keynote address.
The DHL team delivered a detailed presentation on logistics, courier and international shipping solutions tailored for the gem and jewellery trade. The session covered secure shipment handling, customs clearance procedures, shipment tracking facilities, and DHL’s global logistics network.
An interactive Q&A session followed, during which participants discussed shipment procedures, export documentation, insurance requirements, and logistics-related challenges faced by exporters. In his concluding remarks, Antarpal Singh Sawhney, Regional Chairman – North, GJEPC, informed members that DHL would offer special rates to GJEPC members.
Gold Loans Fuel MSME Expansion
Gold and Silver Under Pressure: Inflation Shock, Fed Repricing, and Critical Support Zones AUGMONT BULLION REPORT
GJEPC & DHL Host E-Commerce & Export Logistics Seminar In Delhi
Gold Loans Fuel MSME Expansion
Gold and Silver Under Pressure: Inflation Shock, Fed Repricing, and Critical Support Zones AUGMONT BULLION REPORT
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JB Insights2 hours agoGold Loans Fuel MSME Expansion
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National News2 days agoKirit Bhansali Has Been Appointed As The Nominee Director On The IAGES Board, Effective 11 May 2026
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International News3 hours agoGold and Silver Under Pressure: Inflation Shock, Fed Repricing, and Critical Support Zones AUGMONT BULLION REPORT
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National News3 hours agoGJEPC & DHL Host E-Commerce & Export Logistics Seminar In Delhi
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