National News
Gold prices touch Rs 1 lakh/10 gm mark: AUGMONT BULLION REPORT
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
National News
The Solitaire Festival Of India 2026 Announces Winners Of Its Second Weekly Lucky Draw
The Second Weekly Draw Adds To The Excitement Around TSFI 2026, With Customers Continuing To Participate In The Festival Through Their Purchases Of Divine Solitaires Jewellery.
Divine Solitaires has announced the winners of the second weekly lucky draw of The Solitaire Festival of India (TSFI) 2026, its flagship annual celebration of natural diamond solitaires. Now in its fifth edition, TSFI is being celebrated from 1st to 31st August 2026 across 200+ partner jewellery stores in over 100 cities across India.
As part of TSFI 2026, customers purchasing Divine Solitaires jewellery from participating partner jewellers during the festival period are automatically eligible for the weekly lucky draws. The second weekly draw saw six customers win exciting prizes across automobiles, home appliances and lifestyle entertainment, adding another memorable moment to their diamond purchase.
The winners of the second weekly draw are:
- Uesh Deshmukh, who purchased from Ranka Jewellers, Karve Road, and won a Maruti Suzuki Alto
- Bhumika, who purchased from S S Jewellers, Haryana, and won a Honda Activa
- Mala Sinha, who purchased from Alankar Jewellers, Patna, and won a Haier 596L, 2 Door Refrigerator
- Anil Kumar Sahoo, who purchased from Khimji Jewellers, Janpath, and won a Samsung 50 inches Crystal UHD 4K TV
- Ankit M, who purchased from Ranka Jewellers, Bund Garden, and won a JBL Partybox Wireless Bluetooth Speaker
- Shailja Sharma, who purchased from Batukbhai Jewellers, Shankar Nagar, and won a Sony PlayStation 5 console
The second weekly draw adds to the excitement around TSFI 2026, with customers continuing to participate in the festival through their purchases of Divine Solitaires jewellery. Along with the weekly lucky draws, customers can also avail assured gifts and special vouchers, while staying eligible for the Mega Bumper Draw at the close of the festival.
Every Divine Solitaires diamond is backed by the brand’s 123-parameter Quality Guarantee Certificate, reflecting its commitment to quality, authenticity and transparency. Through TSFI, the brand continues to bring together the timeless appeal of natural diamond solitaires with a rewarding experience for customers across the country.
With the wedding and festive season around the corner, TSFI 2026 continues to add to the joy of choosing a Divine Solitaires diamond, giving customers more reasons to celebrate their special purchases this August.
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