International News
Precious Metals Break Important Support Levels As Iran Tensions Fuel Stagflation Fears AUGMONT BULLION REPORT
The Higher-Highs/Higher-Lows Of Gold Price Structure Holds Above $4300, Indicating Pullbacks Remain Consistent With Re-Accumulation Rather Than Distribution.
- Price movement– Gold fell below $4500, and silver slipped under $75, as rising US-Iran tensions kept inflation risks and rate-hike prospects at the forefront of investor sentiment. Silver has erased all gains that had been built on AI-sector optimism and growing demand for metals used in data-centre infrastructure.
- Geopolitical Developments – President Trump warned that US strikes on Iran could resume within two to three days if Tehran declined Washington’s peace terms — remarks made shortly after he confirmed calling off a prior attack following Gulf allies’ intervention. Iran’s nuclear programme remains the core sticking point. The prolonged conflict has kept the Strait of Hormuz effectively shut to shipping, pushing oil prices higher and deepening inflationary pressure.
- Macro-economic Signals – Rising US inflation has driven traders to further pare back Federal Reserve rate-cut expectations for the year, while strengthening speculation that the central bank may instead raise rates before year-end.
Technical Triggers
- Gold’s break below $4500 has cleared the way toward the March low near $4350, with resistance at $4600–$4800. The higher-highs/higher-lows structure holds above $4300, indicating pullbacks remain consistent with re-accumulation rather than distribution.
- Silver’s loss of the $75 support level points to continued downside, with $71 and $67 as the next key targets.
Support and Resistance
| International Gold Support Level International Gold Resistance Level Domestic Gold Support Level Domestic Gold Resistance Level | : $4300/oz : $4800/oz : Rs. 150,000/10 gm : Rs. 160,000/10 gm |
| International Silver Support Level International Silver Resistance Level Domestic Silver Support Level Domestic Silver Resistance Level | : $67/oz : $82/oz : Rs. 240,000/kg : Rs. 280,000/kg |
International News
SIJE 2026 To Host 450+ Global Brands As Singapore Welcomes Back The World Diamond Congress After 38 Years
The Largest Edition In The Expo’s History Will Coincide With The Inaugural Singapore Diamond & Jewellery Week From 9–15 July 2026.
Singapore International Jewellery Expo (SIJE) 2026 is set to stage its largest-ever edition, bringing together more than 450 brands and exhibitors from 26 countries across 10,000 square metres at Marina Bay Sands from 9 to 12 July 2026.
The event will be officially inaugurated by Alvin Tan, Minister of State for the Ministry of Trade & Industry and the Ministry of National Development, Singapore, and is expected to attract around 18,000 trade buyers and consumers over four days.
A major highlight of this year’s edition is Singapore hosting the 41st World Diamond Congress for the first time since 1988, marking the prestigious event’s return to the city-state after 38 years. The Congress, scheduled from 12 to 15 July at PARKROYAL COLLECTION Marina Bay, will bring together global leaders from across the diamond value chain, including miners, manufacturers, traders, retailers and industry associations.
SIJE 2026 also forms one of the two pillars of the inaugural Singapore Diamond & Jewellery Week (SDJW), a week-long celebration running from 9 to 15 July 2026 that will feature retail experiences, industry events, promotions and international showcases across the island nation.
Despite ongoing global economic uncertainties, SIJE 2026 has recorded its strongest international participation to date, underlining confidence in Singapore’s position as a trusted hub for jewellery, luxury retail, gemstones and high-value trade.
The exhibition will feature prominent country pavilions and exhibitors from Italy, Hong Kong and Uzbekistan, alongside leading jewellers, gemstone dealers, luxury watchmakers, designers and manufacturers from around the world.
One of the unique attractions this year will be the display of a replica of the historic Crown of Carlo di Borbone at the Diamond Exchange of Singapore (DES) Pavilion. The crown, originally created in the 18th century for Charles III of Spain, has been reconstructed from historical records and is linked to the legendary “Perfect Colour of Violet” diamond
Organised by Italian Exhibition Group (IEG) Asia, SIJE continues to strengthen Singapore’s role as a gateway to the rapidly expanding markets of Southeast Asia and the Asia-Pacific region.
Industry observers note that the scale of SIJE 2026, coupled with the return of the World Diamond Congress, reflects growing momentum in the regional luxury market and reinforces Singapore’s standing as one of the world’s most important centres for jewellery trade, craftsmanship, innovation and international business exchange.
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SIJE 2026 To Host 450+ Global Brands As Singapore Welcomes Back The World Diamond Congress After 38 Years
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International News9 hours agoSIJE 2026 To Host 450+ Global Brands As Singapore Welcomes Back The World Diamond Congress After 38 Years
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