International News
MadaLuxe Group Acquires Fine Jewellery Brand Ippolita
Acquisition Marks MadaLuxe’s Entry into Fine Jewellery as Founder Ippolita Rostagno Continues as Chief Creative Officer
MadaLuxe Group has acquired New York–based fine jewellery brand Ippolita, strengthening the U.S. lifestyle group’s portfolio and marking its expansion into the fine jewellery segment. The financial terms of the acquisition were not disclosed.
As part of the deal, brand founder Ippolita Rostagno will remain Chief Creative Officer, continuing to lead the creative direction and oversee all jewellery design across the collections.
“I founded Ippolita with the belief that fine jewelry should celebrate the artistry of the hand and honor the individuality of the women who wear it,” said Ippolita Rostagno. “Joining MadaLuxe Group opens an exciting new chapter—one that allows us to protect our heritage while embracing meaningful opportunities for growth. I am delighted to continue guiding the brand’s creative vision as we reach an even broader global audience.”
Founded in 1999 and launched exclusively at Bergdorf Goodman , Ippolita is known for its sculptural jewellery that blends contemporary design with Italian craftsmanship. The brand is now retailed through leading luxury stores and boutiques worldwide.
“We are thrilled to welcome Ippolita into the MadaLuxe Group family,” said Adam Freede, CEO and Co-founder of MadaLuxe Group. “Ippolita is an iconic brand with a rich artistic heritage, extraordinary customer loyalty, and a timeless visual vocabulary. We see significant opportunity to drive brand growth through strategic support and investment.”
Freede added, “Above all, we saw a great chance to add someone as talented as Ippolita to the MadaLuxe family, who views the importance of people and company culture the same way that we do.”
International News
Precious Metals Find Support On Ceasefire Optimism AUGMONT BULLION REPORT
Gold Is Trading At Y Oversold Levels Near The Critical Support Zone Of $4,300, Silver Testing Key Support In The $66–$67 Range
- Price Movement – Gold and silver are consolidating near key support levels as markets digest a fragile Israel-Iran ceasefire alongside mounting concerns over inflation and the prospect of further interest rate hikes.
- Geopolitical Developments – President Trump confirmed that both parties are pursuing an immediate ceasefire, with final negotiations advancing. Israel and Iran announced a mutual halt to hostilities following a direct appeal from Washington. However, Tehran cautioned that it reserves the right to resume strikes if Israeli operations against Hezbollah in Lebanon continue.
- Macro-economic Signals – CME FedWatch data shows markets now pricing a greater than 70% probability of a Fed rate hike by December. Investors are closely watching May’s U.S. CPI and PPI releases, due Wednesday, for clearer signals on the Fed’s policy trajectory. The European Central Bank is also widely expected to deliver a rate increase this week.
Technical Triggers
- Gold is currently trading at deeply oversold levels near the critical support zone of $4,300 (approximately Rs. 1,54,000). A technical rebound of 3–4% is anticipated from current levels, driven by bottom-fishing activity. However, a sustained break below this support would shift the near-term bias decisively lower, exposing the $4,000–$4,100 range (approximately Rs. 1,50,000–Rs. 1,51,500) as the next downside target.
- Silver is similarly oversold, testing key support in the $66–$67 range (approximately Rs. 2,40,000–Rs. 2,42,000). As with gold, a 3–4% technical recovery is the base case on dip-buying, but a confirmed sustainability below this support would accelerate selling pressure toward $60 (approximately Rs. 2,20,000) in the short term.
Support and Resistance
| International Gold Support Level International Gold Resistance Level Domestic Gold Support Level Domestic Gold Resistance Level | : $4300/oz : $4500/oz : Rs 154,000/10 gm : Rs 160,000/10 gm |
| International Silver Support Level International Silver Resistance Level Domestic Silver Support Level Domestic Silver Resistance Level | : $66/oz : $75/oz : Rs 240,000/kg : Rs 260,000/kg |
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