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Gold rally continues;US PCE Price Index data keenly awaited

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Gold price extends its record-setting rally toward $3,100 after settling above $3,050 on Thursday. Sitting at record highs, Gold price keenly awaits the US Personal Consumption Expenditures (PCE) Price Index data and US President Donald Trump’s tariff updates for additional trading impetus.

The recent announcement of a 25% tariff on imported cars and light trucks, effective April 3, along with duties on auto parts beginning May 3, has reignited trade war fears. Reciprocal tariffs from key trading partners are expected to follow, creating an environment of uncertainty that further boosts gold’s appeal. Historically, protectionist policies have contributed to financial market instability, leading investors to shift capital into more stable assets such as gold.

Technical indicators suggest that gold prices are nearing the $3,080 resistance level, a crucial threshold for market sentiment. A breakthrough above this level could pave the way for prices to reach $3,100 and beyond. However, the Relative Strength Index (RSI) is currently at 72.50, indicating overbought conditions that may lead to a short-term correction. Key support levels to watch include $3,050 and $3,012, with $3,000 serving as a significant psychological barrier.

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International News

The Next Generation Metal In Jewelry Collections Yuliya Kutovaya Jewelry

A Rare Fusion Of Eastern Heritage and Cutting-Edge Metallurgy, The Lagan Osmium Collection Redefines Contemporary Jewelry Design

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Jewelry designer Yuliya Kutovaya presents the new Lagan Osmium collection, created in collaboration with the Osmium Institute. The collection embodies a contemporary approach to design, merging tradition with innovation.

At the core of the concept lies the aesthetic of traditional Eastern culture combined with the uniqueness of osmium as an innovative jewelry material.

Yuliya Kutovaya Said:

“The idea for the collection originated from the image of the Uzbek lagan — a round, decorated serving plate traditionally placed at the center of the table, around which guests gather. In my imagination, I sought to unite this symbol of Eastern hospitality with a material that represents something truly unique and captivating. Osmium became a metaphor for the central element around which form and ornament are built.”

Crystalline osmium is an innovative platinum group metal — the rarest and densest precious metal in the world. It is highly resistant to external influences, and its natural structure does not require cutting.

The Lagan Osmium pieces are adorned with the refined vegetal “Islimi” pattern — a traditional Eastern ornament commonly found in wood carving. The tactile relief of the jewelry conveys the sensation of natural surfaces, while the contemporary interpretation of the ornament reflects the artistic heritage of Uzbekistan.

The design allows for transformation: the central osmium element can be easily removed.

The collection already has its own story. Last year, Yuliya Kutovaya presented her design at the Osmium Visionary Contest in Germany and subsequently continued her creative collaboration with the Osmium Institute. The collection will be showcased in May at the international exhibition GemGenève in Switzerland.

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