National News
Gold plummets $200 (~Rs 4000) from its high on Risk-On sentiment:AUGMONT BULLION REPORT
- Gold prices have plummeted by over $200 (~Rs 4000) from their high of $3509 (~Rs 99350) due to U.S. President Donald Trump’s retraction of threats to fire Federal Reserve Chair Jerome Powell and expressed optimism for a trade deal with China, decreasing gold’s safe-haven appeal.
- At a news conference yesterday, US President Donald Trump stated that his conversations with China are going well and that he believes they will achieve an agreement. He stated that China’s tariffs would not be as high as 145%, but would not be zero.
- Despite his frustration with rising interest rates, Trump stated that he does not intend to fire Fed Chair Jerome Powell.
- Russian President Vladimir Putin has indicated that he is willing to lead talks with his Ukrainian counterpart, Volodymyr Zelenskyy, raising hopes for a ceasefire deal and bolstering investors’ appetite for riskier assets.
- At a news conference yesterday, US President Donald Trump stated that his conversations with China are going well and that he believes they will achieve an agreement. He stated that China’s tariffs would not be as high as 145%, but would not be zero.
- Despite his frustration with rising interest rates, Trump stated that he does not intend to fire Fed Chair Jerome Powell.
- Russian President Vladimir Putin has indicated that he is willing to lead talks with his Ukrainian counterpart, Volodymyr Zelenskyy, raising hopes for a ceasefire deal and bolstering investors’ appetite for riskier assets.
Technical Triggers
- As suggested yesterday, if prices fall below $3450 (~Rs 97000), we may see a topping-out signal and profit-booking can move prices southward to around $3300, the same thing has happened. Now prices are expected to trade in the range of $3320 (~Rs 95500) to $3400(~Rs 96500).
- Silver prices have been trading in the range of $32 (~ Rs 94000) and $33 (~ Rs 97000) and are expected to continue same range this week.
| Metal | Type | Support Level | Resistance Level |
|---|---|---|---|
| Gold | International | $3300/oz | $3500/oz |
| Indian | ₹94,300/10 gm | ₹99,000/10 gm | |
| Silver | International | $32/oz | $33/oz |
| Indian | ₹94,000/kg | ₹97,000/kg |
BrandBuzz
Mavitrra Launches “The Amara Collection” – A Timeless Celebration of Bridal Grandeur and Festive Luxury
Mavitrra, the elegant and stylistically unique and masterfully crafted bespoke diamond jewellery brand, has just come up with its latest creation this Diwali season. The Amara Collection, an alluring and timeless luxury bridal and festive jewellery collection that stays radiant and adds value to your wardrobe for the coming years.
“The Amara Collection” defines the beauty and sophistication of a lifetime, with pieces that are impeccably designed using natural diamonds and hallmark white and yellow gold. Each piece honours the glory of Indian celebrations and the opulence of bridal extravagance, combining ageless charm with modern artistry.
The idea of “Shining Beyond Time” has been the core of designing the collection, representing the concept in all the jewellery pieces. This is a collection of timeless masterpieces ranging from elegant diamond bangles and statement bridal rings to delicate yet grandeur evoking Lotus Earrings, all crafted in exquisite yellow and white gold. The essence of Mavitrra’s concept of artwear serving as a medium of expressing one’s unique personality and feelings is there in every intricate ornament.
“The beautiful, Amara collection is a nod to the spirit of the contemporary Indian woman, the bright, the strong and the timeless one,” states Bindu Sharma, the Founder and Creative Director of Mavitrra. She adds, “Every piece epitomises elegance, history, going far beyond ongoing fashion.”
Mavitrra specialises in custom-tailored luxury and blends proven manufacturing techniques with the highest quality inputs and a qualitative design to produce not merely luxurious jewellery but significant ones. From the custom bridal sets to the singular heirloom designs, each creative work is backed up by a certificate of excellence and made to perfection by hand of the master artisans.
Mavitrra Launches “The Amara Collection” – A Timeless Celebration of Bridal Grandeur and Festive Luxury
Senco Gold & Diamonds launches affordable 9k gold jewellery starting under ₹7,000, a Game-changer amid fluctuating gold prices this Dhanteras
Indian jewellery trade and industry expectations & trends
Senco Gold & Diamonds launches affordable 9k gold jewellery starting under ₹7,000, a Game-changer amid fluctuating gold prices this Dhanteras
Indian jewellery trade and industry expectations & trends
Mavitrra Launches “The Amara Collection” – A Timeless Celebration of Bridal Grandeur and Festive Luxury
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National News13 hours agoSenco Gold & Diamonds launches affordable 9k gold jewellery starting under ₹7,000, a Game-changer amid fluctuating gold prices this Dhanteras
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BrandBuzz13 hours agoMavitrra Launches “The Amara Collection” – A Timeless Celebration of Bridal Grandeur and Festive Luxury
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Education14 hours agoIndian jewellery trade and industry expectations & trends
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GlamBuzz18 hours agoDazzling Divas and Star Power: Inside Manish Malhotra’s Grand Diwali Celebration
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