National News
Gold, Silver Fall As Global Bond Yields Surge
Higher Yields Elevate The Opportunity Cost Of Holding Non-Yielding Assets Like Bullion, Weighing Heavily On Sentiment Across Commodity Markets.
Gold and silver futures slipped on the MCX. The benchmark October contract for gold dipped Rs 69 to Rs 154,193 per 10 grams after opening at Rs 153,900. Prices hovered between a low of Rs 153,900 and a session high of Rs 154,326, down from its yearly peak of Rs 180,779.
MCX Silver: The benchmark September contract dropped Rs 2,181 to Rs 230,238 per kilogram. During the session, prices fluctuated between Rs 229,666 and Rs 230,528, well beneath the yearly high of Rs 420,048.
Despite the immediate pressure from soaring bond yields, commodity strategists note that downside risks may be capped as traders continue to price in reduced odds of further rate hikes by the Federal Reserve, which could offer underlying support to metals over the medium term.
Yields on the benchmark 30-year U.S. Treasury bond touched a 19-year high in morning trading, while sovereign debt yields in major economies spiked to multi-decade peaks. Higher yields elevate the opportunity cost of holding non-yielding assets like bullion, weighing heavily on sentiment across commodity markets.
National News
Palmonas Unveils The Palmonas X Tanya Ghavri Collection
New Campaign Film Launched Featuring Actor and Co-Founder Shraddha Kapoor Alongside Celebrity Stylist Tanya Ghavri
Palmonas brings its latest collaboration, the Palmonas x Tanya Ghavri collection, to life with a new campaign film featuring actor and Co-Founder Shraddha Kapoor alongside celebrity stylist Tanya Ghavri.
The campaign captures the duo in a playful styling session, exploring the collection through Tanya’s signature approach to layering, stacking and statement-making jewellery.
The campaign film follows Shraddha as she gets styled by Tanya in pieces from the collection, with the two discussing their approach to jewellery and the growing “jewellery maxxing” trend. From layering necklaces and stacking rings to mixing statement pieces with delicate designs, Tanya experiments with different combinations to show how jewellery can become the defining element of a look.
The conversation between Shraddha and Tanya adds a candid and playful dimension to the campaign, as they explore the idea of wearing more jewellery and making different pieces work together. Rather than following a single styling formula, the film embraces experimentation, with different silhouettes, proportions and textures coming together to create looks that feel personal.
The Palmonas x Tanya Ghavri collection is available for a limited time, only until 30 October. The campaign invites jewellery lovers to explore Tanya’s edit and experiment with their own take on jewellery maxxing before the collection is no longer available.
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