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
Kirit Bhansali Has Been Appointed As The Nominee Director On The IAGES Board, Effective 11 May 2026
Kirit Bhansali Joins IAGES Board, Bringing Extensive Leadership Experience To Strengthen The Sector’s Growth Vision
Kirit A. Bhansali, Chairman, GJPEC is a well-known personality in the Indian diamond and jewellery industry. He is a partner in Smital Gems, a leading diamond manufacturing company based in Mumbai. With his extensive experience in the field, he has played a significant role in promoting and developing the Indian gem and jewellery industry. He is a Committee Member of the Bharat Diamond Bourse (BDB).
In the past, he has also served as the Chairman of the Indian Institute of Gems and Jewellery (IIGJ). Apart from his business activities, Bhansali is actively involved in various socio-political and educational initiatives. Through his leadership and vision, Bhansali has contributed significantly to the growth and development of the Indian diamond and jewellery industry.
His vast industry experience, deep understanding of the sector, and visionary leadership will further strengthen and drive the mission and objectives of IAGES forward. IAGES warmly welcomes Bhansali on its Board of Directors and looks forward to his valuable guidance and contribution towards the growth of the association and the industry at large.
Kirit Bhansali Has Been Appointed As The Nominee Director On The IAGES Board, Effective 11 May 2026
Sennes From The House Of Senco Elevates Global Presence With Rida Tharana’s Red-Carpet Appearance At Cannes Film Festival 2026
Aditya Roy Kapoor Joins GIVA To Flip The Gifting Script – Men Want Gifts Too
Sennes From The House Of Senco Elevates Global Presence With Rida Tharana’s Red-Carpet Appearance At Cannes Film Festival 2026
Kirit Bhansali Has Been Appointed As The Nominee Director On The IAGES Board, Effective 11 May 2026
Kalyan Jewellers Returns To Cannes With A Statement In Couture And High Jewellery
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GlamBuzz11 hours agoSennes From The House Of Senco Elevates Global Presence With Rida Tharana’s Red-Carpet Appearance At Cannes Film Festival 2026
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National News11 hours agoKirit Bhansali Has Been Appointed As The Nominee Director On The IAGES Board, Effective 11 May 2026
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GlamBuzz19 hours agoKalyan Jewellers Returns To Cannes With A Statement In Couture And High Jewellery
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GlamBuzz12 hours agoAditya Roy Kapoor Joins GIVA To Flip The Gifting Script – Men Want Gifts Too
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