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Gold continues its winning streak : Augmont Bullion report

Gold continues its winning streak

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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).

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National News

For The Man Who Inspires: Father’s Day Gifting From Zen Diamond India’s Hugo Collection

Zen Diamond India Marks Father’s Day With a Thoughtfully Curated Collection Of Men’s Jewellery, Timepieces and Fragrances, Celebrating The Confidence, Strength and Individuality Of The Modern Father.

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This Father’s Day, Zen Diamond India celebrates fathers through its contemporary range of men’s jewellery, designed for those who embody confidence, strength, and individuality. Featuring bold yet refined designs crafted in platinum and accented with natural diamonds, the collection reflects the many facets of modern fatherhood. Complemented by sophisticated timepieces and fragrances, these thoughtfully curated pieces offer meaningful ways to honour the men who continue to inspire, guide, and support us every day.

Hugo Urban Pulse Chain

The Hugo Urban Pulse Chain embodies modern luxury through its sleek platinum construction and clean architectural lines. Designed with a substantial yet elegant silhouette, the chain balances masculinity with sophistication, making it versatile enough for both everyday wear and special occasions. In an era where fathers are just as style-conscious as their children, this contemporary platinum chain complements the modern dad’s wardrobe, whether he’s heading to a boardroom meeting or a weekend family brunch.

Hugo Pure Edge Kada

A refined statement of strength and simplicity, this men’s kada embodies effortless confidence and contemporary style. With its clean lines and polished finish, it complements everything from tailored workwear to festive attire, making it a versatile addition to any wardrobe.

At a time when men’s jewellery is experiencing a major cultural moment—with Bollywood actors, athletes, and global style icons embracing bracelets, cuffs, and statement accessories—the kada remains one of the few pieces that seamlessly blends fashion with heritage. Deeply rooted in Indian culture and long associated with strength, resilience, and identity, this contemporary interpretation makes a meaningful Father’s Day gift for fathers who have always balanced tradition with modernity.

Men’s Stainless-Steel Watch

In an era dominated by smartwatches and constant notifications, a classic analogue timepiece remains a powerful style statement. Crafted in durable stainless steel and accented with natural diamonds, this watch combines timeless sophistication with modern functionality, making it an ideal Father’s Day gift for fathers who appreciate enduring style over fleeting trends.

Hugo Wing Crest Ring

Gone are the days when men’s accessories were limited to watches and cufflinks. With statement rings becoming a staple in contemporary menswear, this striking piece offers a sophisticated way to embrace self-expression. Featuring intricate feather-inspired detailing and a sparkling centre stone, it serves as a modern symbol of strength, individuality, and character.

Mini Set Men’s Perfume

Indulge in this exclusive mini set of men’s fragrances, inspired by the timeless allure of precious gemstones. Featuring four distinctive scents—Ruby, Emerald, Sapphire, and Diamond—each fragrance embodies a unique facet of masculine sophistication.

From the bold and fiery notes of Ruby to the fresh vitality of Emerald, the deep elegance of Sapphire, and the refined brilliance of Diamond, this collection offers a versatile fragrance experience. Ideal for travel or gifting, it is a sophisticated statement of style for the modern man.

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