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Gold price surges past Rs 1 Lakh/ 10 gm

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In a landmark moment for the Indian bullion market, gold prices have surged past the Rs 1 lakh mark per 10 grams, reinforcing the precious metal’s status as a safe-haven investment during times of economic uncertainty. On Friday, Mumbai’s renowned Zaveri Bazaar witnessed an unprecedented rise in the price of 24-carat gold, which now stands at Rs 1,01,000 per 10 grams—marking the highest ever recorded in India’s history.

This significant increase is largely attributed to a confluence of international and domestic factors. Market experts suggest that rising global gold prices, coupled with expectations of potential interest rate cuts in the United States and Europe, have played a pivotal role in boosting demand. Additionally, a weakening US dollar and ongoing geopolitical tensions, particularly in the Middle East, have further cemented gold’s appeal among investors seeking stability in volatile times.

While this surge may be welcomed by investors, it poses a financial challenge for everyday consumers, especially during the current wedding season. As gold becomes increasingly expensive, middle-class buyers may find it harder to afford new jewellery. In fact, several gold traders have reported a noticeable dip in demand for newly crafted ornaments, with many customers choosing instead to liquidate existing gold assets to take advantage of the high prices.

Looking ahead, the trajectory of gold prices remains uncertain. If global instability continues and investor demand holds strong, experts believe that prices could climb even higher. On the other hand, some analysts foresee a potential cooling-off period, citing the likelihood of profit booking by investors who may now choose to capitalize on the recent surge.

In conclusion, the current rally in gold prices underscores the metal’s enduring significance in global and domestic markets. Whether this trend will persist or see a temporary pullback remains to be seen, but for now, gold continues to shine brightly as both an investment and a symbol of security.

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Akoirah by Augmont Celebrates The Family We Choose With A Thoughtfully Curated Friendship Day Gifting Edit

Akoirah By Augmont’s “For The Family We Choose” Edit Celebrates Friendship Day With Timeless Jewellery That Honours Chosen Family, Meaningful Connections, and Lasting Memories.

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Not every family is inherited. Some we find in late-night conversations that stretch into sunrise, in celebrations both big and small, and in the quiet certainty of knowing someone will always stand by you. These are the friendships that become our constants, our confidants, and, over time, a family we choose.

This Friendship Day, Akoirah by Augmont shines a light on these cherished bonds through For the Family We Choose, a thoughtfully curated edit of jewellery pieces that make for meaningful gifts for the people who have become an integral part of our lives. Rather than a collection created for a single occasion, the edit brings together timeless designs that celebrate friendship, connection, and belonging in a way that extends well beyond one day on the calendar.

Featuring delicate layers, sculptural silhouettes, and understated everyday essentials, the selection is designed for those who appreciate jewellery that feels personal rather than performative. Each piece is versatile enough to become part of a daily uniform, yet meaningful enough to commemorate the relationships that shape us. The edit reflects a quiet, contemporary approach to gifting, where thoughtful design and lasting sentiment take precedence over grand gestures.

Namita Kothari, Founder, Akoirah by Augmont Said:

“For generations, jewellery has been gifted to mark relationships we inherit. I believe it’s equally meaningful to celebrate the relationships we choose.”

“Friends become our sounding boards, our biggest cheerleaders, and often the people who witness our lives in the most authentic way. Those bonds deserve to be honoured with the same thought and permanence we reserve for life’s traditional milestones. At Akoirah, we see jewellery not simply as something to wear, but as something that carries memory and meaning. The most treasured pieces are rarely the most extravagant—they’re the ones that instantly remind you of a person, a conversation, or a chapter of your life you’ll always want to hold on to.”

Crafted in recycled gold and set with lab-grown diamonds, each design reflects an emotional approach to modern luxury, one that values meaning as much as craftsmanship. Whether exchanged between lifelong friends, chosen family, or the people who have stood beside us through life’s defining moments, these pieces serve as lasting reminders of bonds built on trust, shared memories, and unwavering support.

Because some of life’s most meaningful relationships aren’t the ones we’re born into, they’re the ones we choose, every single day. This Friendship Day, customers can discover these thoughtfully curated gifting pieces across Akoirah by Augmont stores to celebrate the people who have become family by choice.

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