International News
Gold eases on Israel-Hamas peace plan AUGMONT BULLION REPORT
- A day after gold broke over the critical $4000 mark to reach a record high due to geopolitical and economic uncertainty and expectations of further U.S. interest rate reduction, investors booked profits, which caused gold to ease a bit.
- The first part of a peace proposal between Israel and Hamas has been agreed upon by President Donald Trump, possibly bringing an end to the two-year conflict and releasing captives. This agreement has been verified by mediator Qatar, Israeli officials, and Hamas.
- Powell is scheduled to make introductory remarks in a pre-recorded video at the Federal Reserve Board-hosted Community Bank Conference in Washington, DC, amid a data-poor US docket.
- Powell’s clues about the Fed’s interest rate strategy in the face of the impending shutdown could cause a big spike in the price of gold denominated in US dollars.
Technical Triggers
- As the bull run continues, the gold rally, which has reached $4081 (~Rs 123,450), can show more upward spikes towards $4150(~Rs 125,000), but one needs to be very cautious at this level. On the other hand, if Gold falls below $3950 (~Rs 120,000), we can say, top has been made, and a correction will follow.
Support and Resistance
| Metal | Region | Support Level | Resistance Level |
|---|---|---|---|
| Gold | International | $3850/oz | $4150/oz |
| Indian | ₹117,000 / 10 gm | ₹125,000 / 10 gm | |
| Silver | International | $46.50/oz | $50/oz |
| Indian | ₹142,000 / kg | ₹150,000 / kg |
International News
DMCC Launches ‘DMCC FinX’ To bridge institutional capital, trade and technology
DMCC – the leading international business district that drives the flow of global trade through Dubai – officially launched DMCC FinX today during the 13th Dubai Precious Metals Conference (DPMC) at Atlantis The Palm. Bringing together more than 1,000 senior industry figures, the conference convened global leaders from precious metals, finance, policy and technology to examine the forces reshaping the future of the sector.

Held under the theme “The Future of Precious Metals: Tariffs, Tokenisation and Trade Flows,” DPMC 2025 explored the rapid transformation of global commodities markets as geopolitical realignment, emerging technologies and reconfigured trade corridors redefine how value moves worldwide. Discussions centred on the convergence of precious metals, digital assets and finance; the rise of tokenisation; and Dubai’s accelerating role as a centre of trust, transparency and innovation for the global gold and precious metals industry.
Keynote speeches were delivered by H.E. Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, Ruth Crowell, Chief Executive of the London Bullion Market Association (LBMA) and global financial commentator Grant Williams. The conference featured senior representatives from leading exchanges, refineries, bullion banks and regulatory bodies, including the World Gold Council, the Shanghai Gold Exchange, CME Group and the UAE Ministry of Economy. Panel sessions explored the realignment of global trade flows, the harmonisation of international standards, responsible sourcing in artisanal mining and the evolving role of bullion banks in a multipolar economy.

One of the headline announcements of the day was the formal launch of DMCC FinX – a strategic expansion designed to connect capital market participants, trade finance professionals and fintech innovators with DMCC’s rapidly growing community of more than 26,000 companies. Built on DMCC’s established financial and commodities infrastructure – including the Dubai Gold & Commodities Exchange (DGCX), its central counterparty and clearinghouse the Dubai Commodities Clearing Corporation (DCCC), DMCC Crypto Centre, DMCC Tradeflow platform, and key industry partnerships with regulatory players such as the Dubai Virtual Assets Regulatory Authority (VARA) – DMCC FinX will bridge real-world commerce, capital markets and digital assets, reinforcing Dubai’s position as a global hub where finance and trade intersect
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