International News
Gold price struggles to capitalize on intraday gains amid receding Fed rate cut bets
Concerns about Trump’s trade tariff and a modest USD weakness underpin the XAU/USD pair.
Gold price (XAU/USD) builds on the previous day’s bounce from the $2,864 region touched in reaction to hotter US consumer inflation figures and gains some follow-through positive traction for the second straight day on Thursday. A fresh leg down in the US Treasury bond yields exerts downward pressure on the US Dollar (USD), which, in turn, is seen benefiting the USD-denominated commodity. Apart from this, worries about US President Donald Trump’s tariffs and a global trade war underpin the safe-haven bullion.
Meanwhile, the hotter US consumer inflation figures released on Wednesday reaffirmed market expectations that the Federal Reserve (Fed) will stick to its hawkish stance and hold interest rates steady for an extended period. This could act as a tailwind for the US bond yields and the Greenback, which, in turn, acts as a headwind for the non-yielding Gold price amid still-overbought conditions on the daily chart. Traders now look forward to the release of the US Producer Price Index (PPI) for some meaningful impetus.
International News
Certificate Ceremony Held To Recognize The First Jewellery Import Shipments Under The India–UK CETA
The High Commission Of India In London In Association With GJEPC Hosted The Event, Exporter Were Felicitated By High Commissioner Of India
The High Commission of India in London, in association with GJEPC, hosted a special certificate ceremony to recognize the first jewellery import shipments under the India–UK Comprehensive Economic and Trade Agreement (CETA) on its day of implementation, 15 July 2026.
The exporters were felicitated by His Excellency Kumaran Periasamy – High Commissioner of India to the United Kingdom, Nidhi Mani Tripathi – Minister (Economic), High Commission of India, London
First jewellery importers honoured under the India–UK CETA: Malabar Gold & Diamonds Ltd., Nysa Creations Ltd., PureJewels Ltd., Taj Jewels, Kalyan Gold & Diamond Jewellery Ltd., Siddharth Jewellery (UK) Ltd., Fine Jewels Ltd.
As the India–UK CETA ushers in duty-free access for Indian gem & jewellery exports, the agreement is set to strengthen bilateral trade, enhance India’s global competitiveness, and unlock new opportunities for exporters, further advancing Hon’ble Prime Minister Narendra Modi’s vision of ‘Design and Make in India, for the World.
Certificate Ceremony Held To Recognize The First Jewellery Import Shipments Under The India–UK CETA
Precious Metals Slip As Middle East Conflict Shows No Signs Of Cooling AUGMONT BULLION REPORT
Gold Sees Decline On Shifting Global Macroeconomic Cues
Certificate Ceremony Held To Recognize The First Jewellery Import Shipments Under The India–UK CETA
Gold Sees Decline On Shifting Global Macroeconomic Cues
Precious Metals Slip As Middle East Conflict Shows No Signs Of Cooling AUGMONT BULLION REPORT
-
International News17 hours agoCertificate Ceremony Held To Recognize The First Jewellery Import Shipments Under The India–UK CETA
-
National News17 hours agoGold Sees Decline On Shifting Global Macroeconomic Cues
-
International News17 hours agoPrecious Metals Slip As Middle East Conflict Shows No Signs Of Cooling AUGMONT BULLION REPORT
-
National News2 days agoHari Krishna Group’s 12th Amrit Ganga Tirth Yatra Brings 1,380 Members Together in a Celebration of Faith, Gratitude and Togetherness
JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.