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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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Talla Jewellers Unveils New Showroom In Akhnoor, Jammu, Fifth Store In The Region

Auspicious Navratri opening strengthens the brand’s presence and brings an exquisite jewellery collection closer to customers in Akhnoor.

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Talla Jewellers has inaugurated its new showroom in Akhnoor, Jammu, marking its fifth outlet in the region. The showroom was inaugurated on the first day of Navratri, adding an auspicious touch to this milestone in the brand’s growth journey.

The inauguration ceremony was graced by Mohan Lal Bhagat, Honourable MLA, Akhnoor, who attended as the Chief Guest. Representing Talla Jewellers were Ajay Talla, Anju Talla and Aman Talla.

The new showroom offers an exquisite selection of gold, diamond and other jewellery designs, catering to diverse customer preferences and occasions. With a focus on quality, craftsmanship and customer satisfaction, the store aims to provide customers in Akhnoor with a wider choice of jewellery for weddings, festivals, celebrations and everyday wear.

The opening reflects Talla Jewellers’ continued commitment to expanding its presence while strengthening its relationship with customers and families across the region. Built on the values of trust, quality and lasting relationships, the brand continues to celebrate life’s precious moments through jewellery that connects generations.

With the launch of its Akhnoor showroom, Talla Jewellers takes another step towards making its collections more accessible to customers while reinforcing its presence in Jammu and Kashmir.

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