National News
Gold crosses $3200 milestone on deepening trade war concerns :AUGMONT BULLION REPORT
Fundamental News and Triggers
• Investors rushed to safe-haven assets, including gold, after U.S. President Donald Trump imposed higher-than-expected import tariffs, escalating the already-heated global trade war.
• Trump imposed a 10% duty on all imports to the US and increased tariffs on dozens of countries, including major trading partners, escalating the trade tensions and trade war.
• Fears of a US recession and a slowing global economy are fueling a rush for gold, which might propel the commodity even higher. Markets are now pricing in 85 to 90 basis points of cuts by the end of the year, up from 75 to 80 basis points on Wednesday.
Technical Triggers
• Until the Gold June contract sustains above $3145 (~Rs 91000), it is expected to continue its uptrend for the next psychological resistance of $3200 (~Rs 92000) and $3250(~Rs 93500).
• Silver is still trading in its range of $32 to $35. If prices sustain above $35, it can continue this uptrend, for the next target of $38 (Rs 110,000).
Gold & Silver Support and Resistance Levels
| Metal | Market | Support Level | Resistance Level |
|---|---|---|---|
| Gold | International | $3145/oz | $3200/oz |
| India | ₹90,400/10 gm | ₹92,000/10 gm | |
| Silver | International | $33/oz | $36/oz |
| India | ₹99,000/kg | ₹1,02,000/kg |
National News
Cosmos Diamonds Makes History With World’s First LGD Jewellery Launched Into Space
The Launch Also Reinforces India’s Emergence As A Global Innovation Hub Where Startups From Diverse Sectors Are Forging Unconventional Partnerships.
In a landmark moment where luxury, science and space exploration converged, Sanjana Tripuramallu, founder of Bengaluru-based Cosmos Diamonds, has achieved a global first by collaborating with private space company Skyroot Aerospace to send Cosmos Bloom, the world’s first lab-grown diamond (LGD) jewellery creation into space aboard the Vikram-1 rocket.



The Cosmos Bloom Diamond is handcrafted in 18 kt gold using 32 pear-cut LGDs arranged in the form of a blooming lotus and mounted on a specially engineered aluminium base plate. It is designed to withstand the extreme conditions of launch and spaceflight. The space-bound jewel is valued at Rs 11 lakh and combines Indian craftsmanship, technology, and innovation.

Sanjana Tripuramallu, Founder- Cosmos Diamonds
The launch also reinforces India’s emergence as a global innovation hub where startups from diverse sectors are forging unconventional partnerships. While Skyroot Aerospace showcased the country’s private launch capabilities through Vikram-1, Cosmos Diamonds used the mission to tell a powerful story of Indian design and scientific ambition on an international stage. With the successful launch of the world’s first lab-grown diamond jewel into orbit, Sanjana Tripuramallu and Cosmos Diamonds have etched their names into both jewellery and space history, demonstrating that the future of luxury may well extend beyond Earth itself.
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National News4 hours agoCosmos Diamonds Makes History With World’s First LGD Jewellery Launched Into Space
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International News7 hours agoLondon Diamond Bourse Announces Launch Of Its New Coloured Gemstone Course

