Connect with us

International News

Gold prices surged to an all-time high  breaching $3,300/oz

Published

on

Gold prices surged to an all-time high on Wednesday, breaching $3,300 an ounce in international spot markets for the first time as escalating U.S.-China trade tensions sent investors fleeing to traditional safe havens.

The yellow metal climbed to $3,318 per ounce in overseas trading, extending its recent rally and drawing closer to the symbolic ₹1,00,000 per 10 grams mark for 24-karat gold in India. Domestically, prices mirrored the global trend: in Delhi, gold was quoted at ₹98,100 per 10 grams by evening, while June futures on the Multi Commodity Exchange (MCX) hit a record ₹95,435.

President Trump’s directive for a probe into critical minerals added to the market anxiety, reinforcing the rush toward safe haven assets.

The sharp price escalation, however, has chilled consumer demand in India—the world’s second-largest gold market—prompting local jewelers to sell at a discount to imported prices. Gold is currently trading at a 1–2% discount to its landing cost in Indian markets.

Meanwhile, silver has trailed the gold rally. International spot prices for the white metal hovered around $32.80 per ounce Wednesday, crossing ₹1,00,000 per kilogram in Delhi, but still lagging behind gold in terms of momentum.

For now, analysts expect gold’s bullish run to persist, fueled by geopolitical uncertainty, inflation concerns, and growing investor caution.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted

International News

Tiffany & Co. Makes a Landmark Statement in Bangkok with First-Ever Thailand Building Wrap

The 1,598-sq.-Metre Installation Transforms Exchange Tower in Asok into a Giant Showcase for the Iconic Tiffany HardWear Collection

Published

on

Tiffany & Co. has made a striking statement in Thailand with the launch of its first-ever building wrap in the country, transforming the façade of Exchange Tower in Bangkok’s Asok district into a dramatic visual tribute to its iconic HardWear collection. The installation spans more than 1,598 square metres, turning one of the city’s prominent landmarks into a large-scale expression of the jewellery house’s design identity.

At the centre of the installation is the Tiffany HardWear Graduated Link Necklace in 18K Yellow Gold with Pavé Diamonds. The statement piece features the collection’s signature graduated links, crafted in 18K yellow gold and set with round brilliant-cut diamonds in a refined honeycomb setting designed to maximise light and brilliance.

The HardWear collection draws inspiration from a 1962 bracelet design discovered in Tiffany’s archives. The collection translates that archival influence into a contemporary design language associated with strength, resilience, boldness and empowerment, while retaining the House’s distinctive craftsmanship and heritage.

By presenting the necklace on an architectural scale, Tiffany & Co. has taken the idea of jewellery beyond the traditional boutique environment and into Bangkok’s urban landscape. The combination of gold, diamonds, scale and architectural visibility creates an immersive brand statement designed to capture attention across the busy Asok commercial district.

The landmark activation marks an important moment for Tiffany & Co. in the Thai market, demonstrating how the Maison is using large-scale creative experiences to bring its jewellery icons and heritage closer to a wider audience. The installation also reinforces HardWear as one of Tiffany’s contemporary design signatures, connecting archival heritage with modern luxury and visual storytelling.

Continue Reading

Trending

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.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x