International News
Powell raises doubt about easing at the next meeting AUGMONT BULLION REPORT
- Gold and Silver reversed their gains and continued their downward trajectory as traders reduced their bets on additional rate cuts in the US.
- Following Wednesday’s anticipated quarter-point cut, Fed Chair Jerome Powell played down the possibility of a second cut in December, pointing to policymaker disagreements and limited federal data due to the government shutdown.
- Prior to the FOMC’s decision, markets had almost complete expectations of another rate cut this year, but now they assign less than 70% possibility.
- Investors are keeping an eye on these US-China trade discussions. As Presidents Donald Trump and Xi Jinping meet in South Korea, they are expected to finalize a trade deal, which would signify a halt to the protracted trade conflict and lower demand for safe-haven assets.
Technical Triggers
- First target achieved in Gold at $3960 (~Rs 119,000), prices could consolidate here and then fall to $3850 (~Rs 117,000).
- First target achieved in Silver at $46 (~Rs 140,000), prices could consolidate here and then fall to 45(~Rs 136,500).
Support and Resistance
| Category | Support Level | Resistance Level |
|---|---|---|
| International Gold | $3,900/oz | $4,045/oz |
| Indian Gold | ₹117,500 /10 gm | ₹122,000 /10 gm |
| International Silver | $45.5/oz | $49/oz |
| Indian Silver | ₹140,000 /kg | ₹150,000 /kg |
International News
Sabyasachi, The Metropolitan Museum Of Art Partnered For A Multi-Year Collaboration
The Line Bridges Historic Met Artifacts With Modern Luxury, Weaving Human Themes Of Love, Mortality, and Family Into Extravagant High Jewelry.
Nearly two decades after making his New York runway debut, renowned Indian designer Sabyasachi Mukherjee is set to return to New York Fashion Week on September 15, 2026, unveiling the first chapter of a multi-year collaboration with The Metropolitan Museum of Art (The Met).
The partnership will debut with an exclusive six-piece high jewellery collection inspired by the museum’s extraordinary holdings of art, sculpture and material culture. The collection reflects Sabyasachi’s belief that history is not static, but continues to evolve as it travels across cultures and generations.



Comprising three necklaces, two wrist cuffs and a pair of earrings, the collection draws from Byzantine and Roman influences while translating historic iconography into contemporary luxury. Crafted in 18k and 22k gold, the pieces feature round brilliant-cut diamonds alongside jade, tourmaline, lapis lazuli, jasper and onyx.
The designs take inspiration from Imperial Roman statuary, ancient medallions and religious artefacts housed in The Met. Among the standout creations is a pendant necklace based on an Imperial Roman marble sculpture depicting a family, inspired by a 2nd–3rd century CE Roman funerary relief from Thrace. Another notable piece is an asymmetrical tiger-claw necklace influenced by the intricate decoration of a 12th-century casket.
Rather than simply recreating historical objects, Sabyasachi reinterprets them through the lens of modern high jewellery, weaving universal themes such as love, mortality and family into each creation.


The New York presentation marks the beginning of a long-term creative dialogue between Sabyasachi and The Met, bringing together Indian design sensibilities and one of the world’s most celebrated museum collections in a collaboration that bridges heritage, craftsmanship and contemporary luxury.
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