International News
Gold prices jump near record high as Israel-Iran conflict escalates
Gold prices rose sharply on Friday, June 13, 2025, coming close to their all-time high. This came after Israel launched a major military attack on Iran, hitting important nuclear and military sites. In response, Iran sent over 100 drones toward Israel, causing fears of a wider conflict in the Middle East. Gold prices remain firm as markets focus on Israel’s attacks on Iran.
XAU/USD continues to climb, with prices holding firm above $3,400 while US equities and risk assets plunge. Michigan consumer sentiment and expectations beat estimates, with inflation expectations falling. But ‘risk-off’ tone remains.
Because of these rising tensions, many investors rushed to buy gold, which is often seen as a safe place to put money during uncertain times. This demand pushed spot gold prices up to $3,417.10 per ounce, and gold futures for August delivery to $3,436.90—both near their previous record highs of around $3,500 reached in April 2025.
At the same time, new data showed that inflation in the U.S. is slowing down. This has increased hopes that the U.S. Federal Reserve might lower interest rates soon, which also supports gold prices.
In short, the mix of Middle East conflict and signs of lower U.S. inflation is making gold more attractive to investors looking for stability during uncertain times.
International News
Van Cleef & Arpels Gives Its Iconic Alhambra a Pink Enamel Makeover
The Maison Introduces Five New Alhambra Creations Featuring Translucent Pink Enamel and Yellow Gold
Van Cleef & Arpels has unveiled a vibrant new chapter for its iconic Alhambra collection, introducing translucent pink enamel to the signature four-leaf clover motif for the first time. The new creations combine the Maison’s emblem of luck with yellow gold, bringing a fresh, contemporary expression to the enduring design.
The new five-piece selection comprises a Vintage Alhambra pendant, five-motif bracelet, 10-motif necklace, 20-motif long necklace and Magic Alhambra two-motif earrings. The earrings additionally feature guilloché yellow gold, adding texture and contrast to the pink enamel.



The distinctive pink is the result of several years of research at Van Cleef & Arpels’ enamel workshops. Inspired by the historic 17th-century “gold-ruby” technique, the colour is created using fine particles of gold rather than traditional pigments. Carefully controlled particle size, shape and concentration produce the desired translucent hue.
Adding to its visual depth, the enamel contains tiny bubbles, giving each Alhambra motif a distinctive character while creating subtle variations as the surface catches and reflects light. The motifs are framed by the Maison’s signature gold beaded contours, further enhancing the interplay between the pink enamel and yellow gold.
Since its debut in 1968, Alhambra has continually evolved through different stones, materials and colours while retaining its instantly recognisable four-leaf clover silhouette. The introduction of enamel marks another significant step in that evolution, bringing together heritage craftsmanship, technical innovation and contemporary colour.
With its new pink interpretation, Van Cleef & Arpels continues to reinvent one of jewellery’s most recognisable motifs, demonstrating how traditional savoir-faire can give a familiar icon an entirely new expression.
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