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Gold prices edge  higher on lower interest rate expectations

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Gold prices moved slightly higher during Monday’s Asian trading session, reaching their highest levels in nearlyseven weeks. This upward movement was mainly supported by growing expectations that theUS Federal Reserve may begin cutting interest rates next year. Lower interest rates generally make gold more attractive, as the metal does not offer interestand becomes less costly to hold when borrowing costs fall.

In addition, ongoing global uncertainty has encouraged investors to seek safe-haven assets, further supporting demand for gold. However, gains remain somewhat limited, as recent hawkish comments from Federal Reserve officials have strengthened the US dollar, which can put pressure on dollar-priced commodities such as gold.

Market participants are now closely watching upcoming speeches by Federal Reserve Governor Stephen Miran and New York Fed President John Williams for further policy signals. Attention will also shift to the US employment data for October and November, due on Tuesday. Key indicators such as Nonfarm Payrolls, average hourly earnings, and the unemployment rate are expected to offer clearer insight into the health of the US labor market and help shape expectations for the Fed’s January policy meeting.

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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.

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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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