National News
Gold continues its winning streak : Augmont Bullion report
Gold continues its winning streak
Gold maintains its winning streak above $3025 (~Rs 88500) as Trump’s tariffs are projected to exacerbate inflation and economic turmoil. Trump said he would hold Iran accountable for any strikes carried out by the Houthi group it supports in Yemen, as his administration escalated the largest US military operation in the Middle East since Trump came to the White House.
Central banks’ accumulation of gold reserves, inflation concerns, and rising demand after the pandemic have contributed to the surge in gold prices.
The Fed is expected to maintain its benchmark interest rate in the 4.25%-4.50% range after its two-day policy meeting on Wednesday.
Technical Triggers
Gold Apr Futures after achieving the $3000 (~Rs 88000) milestone, now is expected to extend this run up towards $3035 (~Rs 88800) and $3080 (~Rs 90000) in the coming weeks. After that, we can see some retracement and profit-booking, which can extend down to $2800 and $2700 maximum.While Silver May Futures has also climbed above $34(~Rs 100,000) on strong demand, the next resistance for the prices is $35(~Rs 103,000).
National News
JCS Jewel Creations Opens Exclusive Silver Lounge In Chennai
The New Silver Lounge Offers A Special Place For Luxury Silver Jewellery, Handcrafted Divine Idols, Custom Silver Furniture, Home Décor & Special Gift Collections.
- The new Silver Lounge has a selection of silver items, including rings, bracelets, necklaces, earrings, men’s Jewellery, kadas, divine idols, prayer collections, custom silver furniture, luxury gifts & high-end home décor.
JCS Jewel Creations has opened its Exclusive Silver Lounge in T. Nagar, Chennai offering a special place for luxury silver Jewellery, handcrafted divine idols, custom silver furniture, home décor and special gift collections.
The big opening was joined by important people, including veteran actor Vijay Kumar, famous Vastu consultant Astro Parduman, actor Arun Vijay, Anitha Vijayakumar, Vinothini Pandian, actor Srikanth, actress Upasana Dr. Yashwanth Honorary Consul of El Salvador and sports star Arathi Arun.
The new Silver Lounge has a selection of silver items, including rings, bracelets, necklaces, earrings, men’s Jewellery, kadas, divine idols, prayer collections, custom silver furniture, luxury gifts and high-end home décor. Items start at Rs 3,000 while divine silver idols start at 10 grams meeting the needs of people who want style, faith and lasting artistry.
When talking about the event Arvind Katrela, Managing Director of JCS Jewel Creations said:
“The Exclusive Silver Lounge shows our goal of making a place where history, luxury and skill meet. Each product has been made with care giving customers special Jewellery, sacred collections and custom silver lifestyle products all in one place.”
Situated in the middle of Chennai’s Jewellery area the new store is expected to be a spot for high-quality silver Jewellery, fancy gifts and handmade silver décor.
JCS Jewel Creations Opens Exclusive Silver Lounge In Chennai
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