National News
Gold Slips to Over One-Month Low Ahead of Key U.S. Inflation Data
Stronger dollar and easing U.S.-China trade tensions weigh on bullion as markets await Fed signals from PPI report and Powell’s speech.
Gold prices fell to their lowest level in over a month on Thursday as investors turned cautious ahead of crucial U.S. inflation data, which could provide fresh insights into the Federal Reserve’s monetary policy outlook. Improving U.S.-China trade relations also dampened gold’s safe-haven appeal.
Spot gold declined 1.3% to USD 3,136.97 an ounce as of 05:36 GMT, hitting its lowest point since April 10 earlier in the session. U.S. gold futures also slipped, down 1.5% to USD 3,140.00.
The pullback comes amid a notable de-escalation in U.S.-China trade tensions, with both countries agreeing to significantly reduce tariffs and implement a 90-day pause in their ongoing trade dispute.
“The intraday outlook remains bearish for gold, driven by the improving tone in U.S.-China relations, which has reduced demand for safe-haven assets,” said Jigar Trivedi, senior commodity analyst at Reliance Securities. “A rebound in the U.S. dollar, along with potentially stronger retail sales and producer price index (PPI) data, could further pressure gold prices.”
Investor focus is squarely on the U.S. PPI report due at 12:30 GMT, following weaker-than-expected consumer inflation figures released earlier this week.
Meanwhile, the Federal Reserve has maintained its current interest rate stance as it assesses the impact of tariffs and trade policy on the broader economy. Market participants will also be closely watching Fed Chair Jerome Powell’s speech later in the day for additional guidance.
Markets are currently pricing in a total of 50 basis points in rate cuts this year, with expectations for the first reduction shifting to October from the previously anticipated July timeline.
Gold tends to perform well in a low-interest-rate environment as it reduces the opportunity cost of holding non-yielding assets like bullion.
In other precious metals, spot silver dropped 1.5% to USD 31.74 an ounce, palladium slipped 0.3% to USD 947.81, while platinum edged up 0.4% to USD 979.64.
BrandBuzz
Verlas Introduces the ‘Alyssa’ Collection in India, Bringing  Modern Luxe Floral-Inspired Design to Lab-Grown Diamond Jewelry Crafted in Fine Gold
The New York-born brand channels statement floral designs in modern silhouettes and larger carat diamond brilliance into a collection made for weddings, engagements, cocktail evenings, and wedding Trousseau Picks.
Verlas, the New York-based fine jewelry brand, has brought its luxurious Alyssa collection to India, a floral-inspired range of contemporary designs crafted with IGI-Certified lab-grown diamonds and BIS hallmarked gold in 14K and 9K Gold variants. Built around larger carat weights and romantic floral design, the collection pairs statement sparkle with Verlas’ commitment to sustainability and craftsmanship. Since its founding in 2019, Verlas has focused on modern, considered jewelry designed to feel personal and meaningful, handcrafted by skilled artisans in VS clarity lab-grown diamonds set in fine gold.
Inspired by blooming florals, the Alyssa collection translates nature’s motifs into refined diamond jewelry designed for everyday moments in the form of elegant pendant necklaces and Studs designed with florets of round-cut and marquise-cut diamonds, and then there are these luxe styles that call for something more. For bigger celebrations to evening dressing, these luxe designs are crafted with marquise and round-cut diamonds in hoops and dangler earrings, unique tennis bracelets and tennis necklace designs that embrace the designer craftsmanship of Verlas. The Alyssa collection brings signature brilliance to a range of personal styles.
For the modern bride, Alyssa brings together jewelry for every part of her journey—from the engagement and big day to her trousseau, bridesmaids and the little moments beyond. Fashion-forward yet effortlessly elegant, each design is crafted to make a statement today and stay in her rotation long after the celebrations are over.

Among the highlights are the Alyssa Cuatro Floral Hoops, featuring five round lab-grown diamonds arranged in a delicate floret on a solid gold hoop. For a softer, more elegant look, these round-cut diamonds bring a classic appeal – perfect for those who prefer understated sparkle.

If bold and distinctive is more your style, the Alyssa Tres Marquise Diamond Huggies bring an elongated floral silhouette with marquise-cut diamond petals.

The Alyssa Radiant Bloom Ring offers another take on the floral motif, bringing together round-cut diamonds for a radiant, feminine look.

Meanwhile, the Alyssa Trio Marquise Bouquet Ring takes a bolder approach, featuring three diamond florets crafted with marquise diamond petals. Whether you lean towards the elegant simplicity of round cuts or the bolder character of marquise cuts, the Alyssa collection offers a floral style to match.

The Alyssa Marquise Studs bring a fresh take on florals, with marquise-cut diamonds forming an X-shaped motif around a round centre. Easy enough for everyday, yet special enough for evenings out, they’re the kind of pair you’ll keep reaching for.

For a little more sparkle, the Alyssa Marquise-Cut Floral Tennis Bracelet makes a statement without feeling reserved for just one occasion. Its floral diamond motifs bring a touch of drama to wedding celebrations, festive evenings and everything in between.

And when you’re ready to go all out, the Alyssa Marquise Radiant Tennis Necklace takes the floral story up a notch. With twenty-three diamond florets and a total weight of 13 carats, it brings together marquise-cut petals and round diamond centres for a look made to shine at the wedding, reception, or your next big celebration.
Available in white, yellow, and rose gold in 14K and 9K, the Alyssa collection reflects Verlas philosophy of creating jewelry that is beautiful, meaningful, and responsibly crafted. Perfect for elevating bridal looks and everyday romance alike.
With its growing presence in India, Verlas continues to bring its modern design and craftsmanship approach to fine jewelry to new audiences, combining considered design, conscious choice, and a more approachable jewelry experience.
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