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 Represents Mumbai’s GJ Sector At ODOP Award Assessment
GJEPC Presented An Overview Of Mumbai Suburban’s GJ Industry, Highlighting Its Contribution To Exports, Employment Generation, MSME Development
GJEPC participated in the Government of Maharashtra’s One District One Product (ODOP) Award 2025 assessment on 25 June 2026, representing the gems and jewellery sector as Mumbai Suburban District advanced to the first stage of the award process.
As part of the second-stage physical verification, officials from the Department for Promotion of Industry and Internal Trade (DPIIT) reviewed the district’s performance under the ODOP initiative. GJEPC presented an overview of Mumbai Suburban’s gems and jewellery industry, highlighting its contribution to exports, employment generation, MSME development, and Maharashtra’s industrial economy.
As part of the verification process, the DPIIT delegation is also scheduled to visit SEEPZ, Mumbai, to assess the district’s manufacturing and export ecosystem and gain first-hand insight into the sector’s capabilities.
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