loader image
Connect with us

International News

Modest decline in US gold price on profit booking

Published

on

1,476 views

There was a modest decline in gold prices during the early European trading session on Friday. Following a sharp rally that saw the precious metal reach an all-time high of $3,358 per ounce, the price of gold has edged lower, largely attributed to profit-taking behavior by investors ahead of the long Easter weekend.

Despite this short-term dip, several underlying factors continue to reinforce gold’s appeal as a safe-haven asset. Foremost among these is the growing uncertainty surrounding U.S. trade policy, particularly with regard to import tariffs proposed by President Donald Trump. Additionally, broader concerns about a potential recession and persistent geopolitical tensions add to investor unease, prompting many to maintain positions in historically secure assets like gold.

Meanwhile, the trajectory of U.S. monetary policy remains a key influence on gold prices. Federal Reserve Chair Jerome Powell has recently adopted a more hawkish tone, signaling diminished prospects for a rate cut in June. This shift suggests a tightening of monetary policy, which could strengthen the U.S. dollar and, in turn, place downward pressure on gold, which is priced in USD. Powell’s comments also underscore the challenging balance the Fed faces: while inflation remains elevated, economic growth appears to be softening—conditions that could give rise to a stag-flationary scenario.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

International News

Chopard Showcases High Jewellery Creations with Caroline’s Couture at Paris Haute Couture Week

High jewellery creations styled with Caroline’s Couture at Paris Haute Couture Week

Published

on

799 views

Paris: Chopard presented its High Jewellery creations at Paris Haute Couture Week, styling them with Caroline’s Couture in a refined display that blended exceptional jewellery craftsmanship with contemporary couture aesthetics.

The showcase highlighted Chopard’s signature use of coloured gemstones and diamonds, with statement ruby and diamond pieces forming the core of the presentation. Key designs included a pear-shaped ruby pendant necklace set in diamonds, coordinated chandelier earrings, and ruby-accented high jewellery timepieces, reflecting the Maison’s expertise in gemstone selection and intricate setting techniques.

The jewellery was styled alongside couture silhouettes in soft pastel and gradient hues, creating a balanced visual contrast that allowed the pieces to stand out. Strapless gowns and fluid structures ensured a clear focus on the jewellery, reinforcing Chopard’s emphasis on elegance, proportion, and wearability.

According to the brand, the collaboration with Caroline’s Couture reflects Chopard’s continued engagement with the world of haute couture and red-carpet fashion. By pairing high jewellery creations with couture craftsmanship, the Maison reinforced its positioning at the intersection of luxury jewellery, fashion, and design innovation.

The presentation at Paris Haute Couture Week further strengthens Chopard’s visibility on the global luxury stage, underlining its commitment to high jewellery excellence, artistic expression, and contemporary luxury storytelling.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x