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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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Vasundhra Raj Unveils Its Grand Bilaspur Store – A New Address of Luxury

6,000 sq. ft. Flagship Blends Heritage Craftsmanship With Modern Luxury, Marking The Brand’s Debut In Chhattisgarh

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Marking its grand entry into Chhattisgarh, Vasundhra Raj Luxury Jewellery, a celebrated fine jewellery brand, has launched its flagship store in Bilaspur at Shri Krishna Shopping Plaza, one of the city’s key retail destinations.

The store introduces a refined and immersive luxury experience to Bilaspur. Defined by its signature golden leaf facade, the store commands attention from the outset. Spanning 6,000 sq. ft., the interiors are thoughtfully curated with hand-painted murals, artisanal wall details, and an elegant spatial design that blends heritage craftsmanship with modernity.

The store brings together the brand’s signature collections. The Jadau & Polki range features uncut diamonds, detailed meenakari work, and timeless designs inspired by royal heritage, while the Gold & Diamond collection offers 22k gold, natural diamonds, bridal jewellery, and solitaires for the modern wearer.

Speaking on the launch, Vasundhra Raj, Founder & Creative Director, said, “Every store we create is an expression of our design philosophy. With Bilaspur, we wanted to create more than a store, as the city holds a unique cultural charm. We envisioned a destination that reflects the depth of our craftsmanship, the city’s character, and the evolving language of luxury, bringing meaningful jewellery experiences for our patrons.”

Following this launch, Vasundhra Raj will unveil its Raipur store in a week, reinforcing its presence in the state and across India’s luxury landscape.

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