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
Mikimoto Sheds Light on L’éclat, a Celestial High Jewelry Collection
Debuting at Paris Haute Couture Week, The 60-Piece Collection Celebrates Light, Brilliance and Exceptional Pearl Craftsmanship
Mikimoto has introduced its latest high jewellery collection, L’éclat, during Paris Haute Couture Week, presenting a dazzling tribute to light, brilliance and celestial beauty. The 60-piece collection blends the brand’s iconic cultured pearls with rare coloured gemstones, creating bold, contemporary designs inspired by the energy and radiance of light.



Among the collection’s highlights is the Solaire collar necklace, centred on a remarkable 104.52-carat tourmaline, complemented by cascading Akoya cultured pearls, sapphires, emeralds and diamonds. Another standout is a striking 12-row Akoya cultured pearl necklace featuring sculptural light-inspired motifs, accented with South Sea pearls, diamonds and mother-of-pearl, accompanied by a matching ring set with a 19 mm South Sea pearl.


Inspired by the explosive beauty of stars, the Supernova rings combine white diamonds, yellow diamonds and pink sapphires to capture the brilliance of a stellar burst. The collection also features dramatic L’éclat brooches, designed to resemble shooting stars, showcasing rare gemstones including 18.14-carat morganite and 28.2-carat blue tourmaline paired with Akoya pearls and coloured sapphires.
Adding an artistic touch, several brooches pay homage to masterpieces by Vincent van Gogh and Claude Monet.

Designs inspired by The Starry Night, Sunflowers, and Water Lilies feature an exquisite combination of golden South Sea pearls, lapis lazuli, turquoise, blue tourmaline, purple sapphires, demantoid garnets, and diamonds.
With L’éclat, Mikimoto once again showcases its mastery of pearls, gemstones and haute jewellery, presenting a collection that embodies optimism, inner strength and timeless elegance.
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International News2 hours agoMikimoto Sheds Light on L’éclat, a Celestial High Jewelry Collection
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