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
GJEPC Promotes Export Opportunities and IIJS Bharat Premiere 2026 At Warangal Retailers’ Connect
The Event, Held With The Support Of The Warangal Bullion Jewellery & Diamond Merchants Association, 121 Retailers From The Region Attended
GJEPC organised the IIJS Bharat Premiere 2026 Retailers’ Connect Roadshow in Warangal, Telangana on 17 July, bringing together 121 retailers from the region. The event, held with the support of the Warangal Bullion Jewellery & Diamond Merchants Association (WBJDMA), focused on export opportunities for jewellers and encouraged participation in IIJS Bharat Premiere 2026.
Surya Narayanan, Regional Director – South, GJEPC, conducted a session on export awareness, outlining the steps for retailers to enter international markets and explaining the fiscal benefits and support available to MSMEs through GJEPC and government initiatives.
Vicky Moolchandani, Manager, National Events, GJEPC, presented an overview of IIJS Bharat Premiere 2026, highlighting the exhibition’s global sourcing opportunities, international buyer participation and business networking platform.
GJEPC also briefed participants on the benefits available to members of the WBJDMA. The session generated strong interest, resulting in on-the-spot visitor registrations and 40 confirmed buyers opting for the premium Association Visitor Registration (AVR) package.
The roadshow forms part of GJEPC’s nationwide outreach programme to strengthen retailer engagement, expand export awareness and increase participation in IIJS Bharat Premiere 2026.
GJEPC Promotes Export Opportunities and IIJS Bharat Premiere 2026 At Warangal Retailers’ Connect
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