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Gold prices touch  Rs 1 lakh/10 gm mark: AUGMONT BULLION REPORT

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Gold prices reached a record high of $3397 (~Rs 96747) on exchanges and nearly Rs 1 lakh in the spot market after adding 3% GST. Concerns over global economic growth as a result of the escalating Sino-U.S. trade war are driving the rise, with a weaker dollar adding to the momentum. 

Fundamentally, markets are pricing in increased geopolitical risks, fueled by U.S. trade tensions and stagflation concerns, while persistent central bank demand adds to price pressures. On April 2, US President Donald Trump imposed “reciprocal tariffs” on dozens of countries, and while his administration has suspended duties for some, it has escalated its trade war with China.

China cautioned countries on Monday not to strike a bigger economic deal with the United States at its expense, a move Trump is allegedly looking for from countries seeking tariff reductions or exemptions. Meanwhile, Trump launched a slew of attacks on Federal Reserve Chairman Jerome Powell on Thursday, as his administration considers firing him.

On the geopolitical front, Russia and Ukraine accused one other of hundreds of strikes that breached President Vladimir Putin’s one-day Easter ceasefire, with the Kremlin claiming there was no instruction to extend the pause in frontline fighting.

The next potential milestone for gold could be around $3500 (~Rs 100,000) if this rally continues further, but positioning may appear crowded in the short run, and technical indications suggest near-term overbought circumstances. However, one must exercise extreme caution because prices have skyrocketed in a relatively short period. If prices fall below $3300 (~Rs 94300), profit-booking can lower prices to around $3100 (~Rs 90000). Silver prices have been trading in the range of $32 (~ Rs 94000) and $33 (~ Rs 97000) and to to continue same range in the coming week

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4 Elegant Jewellery Essentials From Golubhai Badalia Diamonds For The Minimalist Bride

From Delicate Layered Necklaces To Refined Diamond Rings, Golubhai Badalia Diamonds Presents A Thoughtfully Curated Edit Of Timeless Jewellery Essentials Designed For The Modern Bride Who Embraces Elegance Through Simplicity.

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Golubhai Badalia Diamonds curates refined jewellery essentials that celebrate understated luxury, clean silhouettes, and timeless elegance for the modern minimalist bride.

Golubhai Badalia Diamonds showcases a selection of pieces that lean into understated elegance, where less isn’t less; it’s intentional. Defined by clean silhouettes, refined sparkle, and thoughtful detailing, these designs highlight how precision and versatility can create impact without excess. Here are four standout picks that come together for a more refined, modern bridal look for a minimalist bride.

1. Stellar Cascade Diamond Necklace

Light, fluid, and effortlessly elegant, this layered diamond necklace sits softly along the neckline without overpowering it. The gentle cascade effect adds dimension while maintaining a sense of ease, perfect for brides who want just enough sparkle.

2. Royal Ruby Heritage Stud Earrings

A subtle nod to tradition, these ruby-centred studs introduce a hint of colour while staying within a minimal frame. Compact yet detailed, they strike the right balance between classic and contemporary.

3. Luminous Cluster Diamond Bracelet

Streamlined and easy to style, this bracelet focuses on structure and finish. The clustered diamonds give it presence, but the overall form remains light and unfussy — exactly what minimalist styling calls for.

4. Celestial Bloom Diamond Ring

This ring adds detail without tipping into excess. The floral arrangement is tight and symmetrical, making it feel refined rather than decorative. It stands out, but stays within the language of minimal design.

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