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 Inaugurates 13th India Rough Gemstones Sourcing Show In Jaipur
The Show  Provides Indian Coloured Gemstone Manufacturers With Direct Access To Rough Emeralds From Zambia.
The 13th India Rough Gemstones Sourcing Show (IRGSS) 2026 which runs from 24 August to 11 September, provides Indian coloured gemstone manufacturers with direct access to rough emeralds from Zambia. The show was formally inaugurated by chief guest Shri R.K. Chandan, Commissioner of Customs, Jaipur. Organised with the support of Jaipur Customs, the event features Kagem Mining Ltd., Zambia, showcasing its rough emeralds to more than 60 Indian coloured gemstone manufacturers.
GJEPC introduced the IRGSS sourcing concept in Jaipur in 2020 to enable India’s coloured gemstone manufacturers to inspect and purchase rough without travelling to producing countries, creating a direct link between miners and India’s manufacturing base. Jaipur’s position as the coloured gemstone capital of the world, particularly for emeralds, makes the city a key market for the initiative.
The inauguration was also attended by Jeevan Ram Dhaka, Assistant Commissioner of Customs, ACC Jaipur. Industry representatives included Yogendra Garg, Regional Chairman – Rajasthan, GJEPC; D.P. Khandelwal, Convener, Coloured Gemstones Panel, GJEPC; and members of the Council’s Regional Committee and the Coloured Gemstones Panel Committee.
GJEPC Inaugurates 13th India Rough Gemstones Sourcing Show In Jaipur
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GJEPC Inaugurates 13th India Rough Gemstones Sourcing Show In Jaipur
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National News2 hours agoCaratLane Puts A Playful Spin On Sibling Love With Its Latest Raksha Bandhan Campaign Featuring Ashlesha Thakur
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National News9 minutes agoGJEPC Inaugurates 13th India Rough Gemstones Sourcing Show In Jaipur
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International News3 hours agoBangkok Gems & Jewelry Fair: Where Asia’s Gems and Jewellery Industry Connects
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National News3 hours agoMMTC-PAMP Unveils The Radha Krishna 50g Silver Bar; A Timeless Celebration Of Divine Love and Devotion
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