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Hopes for New Government data lifts precious metals prices AUGMONT BULLION REPORT

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  • Gold and Silver continued to rise, reaching a close to three-week high, supported by indications that the U.S. government shutdown was coming to an end and rising anticipation of another December interest rate cut by the U.S. Federal Reserve.
  • Late on Monday, the U.S. Senate ended the longest shutdown with a compromise that would return federal funds to the United States. It would include three full-year appropriations measures and would finance the government until January 30 if the Senate passes the bill. It would then need to be approved by the House of Representatives and sent to President Donald Trump, a process that might take several days.
  • Amid concerns about the economic consequences of the longest-ever U.S. government shutdown, consumer sentiment in the United States declined to a 3-1/2-year low in early November.

Technical Triggers 

  • Gold prices have achieved the target of $4150 (~Rs 125,000). Prices are expected to consolidate here for a while, before moving higher.
  • Silver prices have achieved the target of $50.80 (~Rs 155,000). Prices are expected to consolidate here for a while, before moving higher.

Support and Resistance

CategorySupport LevelResistance Level
International Gold$4000/oz$4200/oz
Indian Gold₹122,000/10 gm₹126,000/10 gm
International Silver$48/oz$51/oz
Indian Silver₹149,000/kg₹156,000/kg

 

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Yuliya Kutovaya unveils  Doppi Tassels colection, inspired by Uzbekistan’s national costumes

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Jewellery designer Yuliya Kutovaya presents a new collection, Doppi Tassels, inspired by the aesthetics of Uzbekistan’s national costumes and tells an inspiring “jewelry story” about traditional tubeteikas, an important element of the country’s culture. The campaign features renowned Uzbek model and Cannes Film Festival guest Vazira John.

She has been fascinated since childhood by the beauty of national garments and headpieces — intricate and vibrant, embroidered, adorned with moving decorative details. Tubeteikas here are a kind of calling card: they reflect one’s social status and age, and the pattern of the embroidery often reveals the wearer’s region.

The concept of Doppi Tassels centers on movement and the play of gemstones. The jewels are shaped like tassels, a common decorative element on tubeteikas in Uzbekistan. The artistic image of the collection is based around this symbolic feature of Eastern costume — its shape and color.

Earrings crafted in yellow gold are adorned with diamonds and cascading strands of black tourmaline beads. The central element of the design is a decorative detail shaped like a tubeteika with a traditional Oriental motif.

Yuliya Kutovaya Jewelry specializes in the creation of demi-couture jewelry. The showroom and production facilities are located in Tashkent. The brand’s jewelry is distinguished by its unique style and design. Each collection features gold, natural gemstones, and pearls, combining handcrafted artistry with the latest innovations in jewelry-making technologies.

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