International News
Gold surges as US-Israel-Iran tensions boost safe-haven demand
Today, the price of 24K gold touched Rs.1,67,060 per 10 grams, reflecting a gain of Rs.4,870 compared to its previous close. Meanwhile, 22K gold is at Rs.1,53,138 per 10 grams. Experts suggest prices could reach Rs.2 lakh as geopolitical risks escalate.
Additionally, strong purchases by central banks and risk-off sentiment in equities continue to lend support to gold prices. Major banks such as J.P. Morgan and Bank of America remain constructive on bullion, citing resilient demand and a shifting global risk landscape. Rising geopolitical risk, inflation concerns, central bank buying, and expectations of easier U.S. monetary policy continue to underpin bullion.
Following the international market, gold and silver prices in India opened with a big upside gap. The MCX gold rate today opened at Rs.1,65,501 per 10 gm and touched an intraday high of Rs.1,67,915 per 10 gm, logging over Rs.5,500 per 10 gm gain within a few minutes of the Opening Bell.
Likewise, the MCX silver rate today opened upside at Rs.2,78,644 per kg and touched an intraday high of ₹2,85,978, logging an intraday gain of around 3.75%.
Negotiations between Washington and Tehran will continue next week following what Oman, the mediator, described as “significant progress.”
Gold prices are extending gains sharply amid escalating geopolitical tensions surrounding the US and Israeli strikes on Iran. Safe-haven inflows into gold have intensified as conflict across West Asia drives the surge in prices.
Gold prices tend to rise during periods of geopolitical uncertainty, as the metal is a non-interest-bearing safe-haven asset.
The yellow metal posted its seventh straight monthly gain in February, marking its longest winning streak since 1973. Regional instability continues to support prices, with Iran responding with retaliatory strikes on US troops in the Middle East following the reported death of the country’s supreme leader, Ayatollah Ali Khamenei.
International News
Van Cleef & Arpels Gives Its Iconic Alhambra a Pink Enamel Makeover
The Maison Introduces Five New Alhambra Creations Featuring Translucent Pink Enamel and Yellow Gold
Van Cleef & Arpels has unveiled a vibrant new chapter for its iconic Alhambra collection, introducing translucent pink enamel to the signature four-leaf clover motif for the first time. The new creations combine the Maison’s emblem of luck with yellow gold, bringing a fresh, contemporary expression to the enduring design.
The new five-piece selection comprises a Vintage Alhambra pendant, five-motif bracelet, 10-motif necklace, 20-motif long necklace and Magic Alhambra two-motif earrings. The earrings additionally feature guilloché yellow gold, adding texture and contrast to the pink enamel.
The distinctive pink is the result of several years of research at Van Cleef & Arpels’ enamel workshops. Inspired by the historic 17th-century “gold-ruby” technique, the colour is created using fine particles of gold rather than traditional pigments. Carefully controlled particle size, shape and concentration produce the desired translucent hue.
Adding to its visual depth, the enamel contains tiny bubbles, giving each Alhambra motif a distinctive character while creating subtle variations as the surface catches and reflects light. The motifs are framed by the Maison’s signature gold beaded contours, further enhancing the interplay between the pink enamel and yellow gold.
Since its debut in 1968, Alhambra has continually evolved through different stones, materials and colours while retaining its instantly recognisable four-leaf clover silhouette. The introduction of enamel marks another significant step in that evolution, bringing together heritage craftsmanship, technical innovation and contemporary colour.
With its new pink interpretation, Van Cleef & Arpels continues to reinvent one of jewellery’s most recognisable motifs, demonstrating how traditional savoir-faire can give a familiar icon an entirely new expression.
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