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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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National News

GSI and Bharat Ratnam Mega CFC Launch Gem Identification Masterclass to Strengthen Industry Expertise

Masterclass Equips Jewellery Professionals With Advanced Skills In Gemstone Identification, Evaluation, and Market Trends

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Gemological Science International (GSI), a global leader in gemstone certification and education, in collaboration with Bharat Ratnam Mega CFC, successfully conducted the Gem Identification Masterclass, addressing the growing demand for coloured gemstone expertise in the Indian jewellery market. With interest in coloured gemstones continuing to rise across India, GSI’s advanced educational programs aim to equip jewellery professionals with the knowledge and practical skills required to navigate this evolving category.

The Gem Identification Masterclass was designed for industry professionals seeking to deepen their expertise in coloured gemstones. The comprehensive curriculum covered gemstone identification, distinguishing between natural gemstones, simulants, and synthetics, advanced treatments, geographic origin factors, and value determination. Participants also received hands-on training using professional gemological instruments, reflecting GSI’s core laboratory expertise.

Ravi Menon, CEO, Bharat Ratnam Mega CFC, said:

“The rise in demand for coloured gemstones is one of the most significant trends in the global jewellery market, with India at the centre of this shift. Our collaboration with GSI aims to refine the skills of industry professionals and raise the standard of gemstone education. The overwhelming response highlights the beginning of an exciting transformation.”

Ramit Kapur, Managing Director, GSI India, added, “This program equips participants with the knowledge and confidence to evaluate gemstone purchases and deliver assured quality. By combining strong theoretical foundations with hands-on exposure, the masterclass enables professionals to operate with clarity and confidence in a sophisticated market.”

Led by GSI’s experienced instructors, the program leveraged decades of expertise in gemology, global research data, and advanced laboratory capabilities, ensuring participants gained access to the most accurate and current gemological insights.

As the coloured gemstone market becomes more competitive and complex, the need for technical expertise continues to grow. The Gem Identification Masterclass marks a significant step in empowering manufacturers, retailers, and professionals with the skills to identify, evaluate, and assess gemstones with precision.

This initiative reinforces GSI’s commitment to advancing gemological education worldwide, combining industry expertise, technology, and research to meet the evolving needs of the global jewellery industry.

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