International News
Gold sees significant decline on global trade tensions, recession fears
Spot gold experienced a significant decline on Monday, April 7, 2025, dropping 0.3% to $3,027.90 per ounce after hitting a 3.5-week low earlier in the session. This unusual behavior for gold, traditionally a safe-haven asset, prompted market speculation that investors are selling bullion to realize profits or cover margin calls on other investments. The sell-off is attributed to escalating global trade tensions and the resulting fears of a potential global recession.
Adding to the bearish sentiment, Morningstar’s John Mills foresees gold prices plummeting to $1,820 per ounce—a 38% decline—driven by easing inflation and potential trade normalization. Mehta Equities’ Rahul Kalantri attributes recent volatility to factors like a weak US jobs report and dovish Fed signals, projecting key trading ranges for gold.
Gold prices face a potential 38% decline, according to Morningstar’s John Mills, who forecasts a drop to $1,820 per ounce due to shifting market dynamics. Meanwhile, Mehta Equities’ Rahul Kalantri warns of persistent extreme volatility, outlining specific support and resistance levels in both USD and INR, and attributing the recent swings to various economic indicators.
International News
Football Mania Bounces Into Jewellery
Major Jewellery Brands Are Launching Elevated, Tournament-Timed Collections That Blend Team Pride With Everyday Style
FIFA Football World Cup are driving a trend toward sport-inspired luxury and personalized fandom accessories. Major jewellery brands are launching elevated, tournament-timed collections that blend team pride with everyday style, offering fans a durable alternative to seasonal apparel.
Brand Highlights & Offerings
Pandora: Launched a summer tournament collection featuring an Engravable Soccer Charm, a Soccer Murano glass charm, and a sterling silver 2026 Soccer Dangle Charm detailed with red, blue, and green engraving.



Zales: Is marketing soccer motifs and statement pieces, ranging from a premium $1,299 solid gold soccer ball charm to a smaller hollow version for $349, alongside diamonds mirroring country flag colors.

Alex + Ani: Featured the soccer ball as June’s “Symbol of the Month,” offering an affordable wire beaded bangle ($29) and an engraved enamel locket necklace ($41).

Adina Reyter: Promoted bead necklaces styled in team colors—including a “Stars and Stripes” necklace for Team USA—and “Groovy Initial” charms for American fans.



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