International News
Precious metal witness profit-booking amid easing geopolitical tensions AUGMONT BULLION REPORT
The new store reinforces Limelight’s fast-paced national expansion as the brand surpasses 50+ exclusive stores across India.
- Gold and silver prices saw profit-booking as geopolitical tensions briefly eased after U.S. President Donald Trump withdrew his threat of new tariffs on European nations and signalled a softer stance on Greenland, saying a “framework of a future deal” had been agreed. His assurance that force would not be used, weighed on bullion prices and reduced immediate safe-haven demand.
- However, Trump’s continued rhetoric—warning NATO allies that opposition to his Greenland plans would be “remembered”—has kept underlying uncertainty alive. His earlier brinkmanship had triggered a diplomatic standoff with Europe and unsettled global markets, reinforcing gold’s safe-haven appeal.
- While near-term profit-taking has capped prices, persistent geopolitical risk and policy unpredictability continue to support the broader bull trend in precious metals.
Technical Triggers
- Gold and silver prices have seen some retracement, but the broader trend remains positive. For gold, the previous resistance near $4,750 (~ Rs.1,49,000) has now turned into a strong support zone. As long as prices hold above this level, the upside target of $5,000 (~ Rs.1,60,000) remains intact.
- In silver, prices have also corrected, but the $90.5 level (~ Rs.3,00,000) continues to act as a strong support. As long as silver trades above this zone, the metal retains the potential to move higher towards the $99–100 range (~ Rs.3,50,000). Overall, dips are likely to attract buying interest rather than signal a trend reversal.
Support and Resistance
| Metal | Market | Support Level | Resistance Level |
|---|---|---|---|
| Gold | International | $4,750 / oz | $5,000 / oz |
| Gold | Indian | ₹1,49,000 / 10 gm | ₹1,60,000 / 10 gm |
| Silver | International | $90.5 / oz | $100 / oz |
| Silver | Indian | ₹3,00,000 / kg | ₹3,50,000 / 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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