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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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Raj Diamonds Collaborates With Gaurav Gupta For A Diwali Campaign Celebrating Relationships, Family and Togetherness

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This Diwali, Raj Diamonds collaborates with couturier Gaurav Gupta on a special campaign celebrating the spirit of togetherness, the bonds of family and the relationships that make every celebration meaningful. Bringing together fine jewellery and contemporary couture, the campaign honours the role of jewellery in marking cherished moments, expressing individuality and connecting generations.

Featuring Bipasha Basu and Karan Singh Grover, Diipa Büller Khosla and Oleg Büller, Subiksha Shivakumar and Akshara Shivakumar, alongside Jaya Raheja, the campaign brings together personalities who each adorned Raj Diamonds jewellery in their own distinctive style. A blend of traditional and contemporary creations reflects the versatility of the brand’s design language, where heritage craftsmanship meets modern expression.

With a commitment to exceptional craftsmanship, innovative design and the sourcing of rare gemstones, Raj Diamonds creates jewellery that celebrates both individuality and tradition. Its distinctive repertoire spans intricate South Indian gold jewellery embellished with diamonds, rubies and emeralds, alongside contemporary, meticulously engineered creations. The collaboration with Gaurav Gupta brings these sensibilities together in a visual celebration of artistry, personal style and cultural heritage.

Speaking on this special occasion, Eshwar Surana, Director, Raj Diamonds, said:

“Diwali is a celebration of family, togetherness and the relationships we cherish. At Raj Diamonds, we believe jewellery becomes part of these stories, carrying personal meaning across generations while allowing every individual to express their own style. Our collaboration with Gaurav Gupta brings this sentiment to life through a shared appreciation for craftsmanship, creativity and the beauty of self-expression.”

At its heart, the campaign reflects the essence of Diwali: a time to honour relationships, create lasting memories and celebrate the people who bring meaning to every occasion.

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