International News
Precious Metals climbs to fresh highs as Dollar weakens AUGMONT BULLION REPORT
- Gold’s break above $5200 and silver’s surge past $115 mark a decisive escalation in the precious metals rally, driven primarily by a sharp weakening of the US dollar and rising policy uncertainty.
- The dollar slipping to a four-year low, combined with slumping US consumer confidence and concerns over the labour market, has strengthened the case for defensive assets.
- President Trump’s signal that he is comfortable with a weaker dollar, along with expectations of rate cuts under a new Fed chair, has further reduced real yield support for the greenback.
- Added to this, tariff threats and perceived pressure on Fed independence have amplified geopolitical and policy risk premiums—firmly underpinning gold and silver prices.
Technical Triggers
- Gold has met its targets of $5200 and is moving towards $5300 (~ Rs.1,65,000). Strong support lies at $4,980–5,000, below which profit-booking could extend to $4,900 and $4,750.
- Silver is resuming higher towards $120 (~ Rs 390,000). Key support is seen at $103 (~ Rs.3,40,000); a break could lead to retracement towards $100 and $97.
Support and Resistance
| Metal | Market | Support Level | Resistance Level |
|---|---|---|---|
| Gold | International | $5000 / oz | $5300 / oz |
| Gold | India | ₹155,000 / 10 gm | ₹165,000 / 10 gm |
| Silver | International | $103 / oz | $120 / oz |
| Silver | India | ₹340,000 / kg | ₹390,000 / kg |
International News
India Delegation Arrives In Paris For Three Days Of Learning, Business & Collaboration
Buyers, Institutional Investors, and Jewelers Are Guaranteed Strict Adherence To Exact Quality, Testing, and Traceability Standards. Silver From Any BIS-Approved Refinery Ensures A Verified Fineness and Purity
GJEPC has brought a delegation of 17 leading Indian jewellery manufacturers to Paris for an intensive three-day programme aimed at building business, design collaboration, and long-term partnerships with French buyers, retailers, designers, and luxury brands.The delegationwas led by Shaunak Parikh Vice Chairman, GJEPC
The strategic trade mission comes as India’s gem and jewellery exports to France surged 19.72% year-on-year, reaching US$ 478.78 million in FY 2025–26 (up from US$ 399.93 million in FY 2024–25). Key drivers of this growth include:
- Gold Jewellery Exports: US$ 159.53 million (+18.69%)
- Cut & Polished Diamonds: US$ 204.07 million (+4.69%)
Despite rapid growth, India currently holds a 3.8% share of France’s total US$ 12.61 billion gem and jewellery import market, highlighting significant untapped potential for Indian exporters.
Strategic Briefing at the Embassy of India
The delegation’s engagement commenced on 13 October with an expert briefing at the Embassy of India in Paris on “The French Market & the Marketing of Desirability.” The session focused on French consumer trends, luxury brand positioning, sustainability, and market entry strategies. Key insights were delivered by:
- Anish Kumar Singh, GJEPC Representative for France & Founder, Bhartiya Paris Club
- Dr. Marta Marcheva, Executive Director, Institut Sup de Luxe
- Céline Dassonville, CEO, ethiwork
The three-day initiative includes market visits, knowledge sessions, and high-level networking, culminating in an exclusive Buyer-Seller Meet (BSM) on 15 October 2026 at the Marriott Champs-Élysées, Paris.
Participating Indian Companies
The 17 Indian manufacturers representing the country’s high-end craftsmanship and design capabilities are: Asian Star Co. Ltd, DNJ Creation LLP, Fine Jewellery Manufacturing Ltd, Goldstar Jewellery Pvt. Ltd., KGK Creations (India) Pvt. Ltd., Malya Jewel Craft, Neysa Jewellery Ltd, NTS Navrattan Jewellers Pvt. Ltd., Patdiam Jewelry Ltd, Priority Jewels Ltd, Renaissance Global Ltd, S. Vinod Kumar Diamonds Pvt. Ltd., Sunjewels Pvt. Ltd., Supergems Jewellery, Tanvirkumar & Company, UniDesign Jewel, and Walking Tree Atelier Pvt. Ltd.
India Delegation Arrives In Paris For Three Days Of Learning, Business & Collaboration
BIS Introduces The Silver Refinery Certification Scheme; Framework Introduces “India Good Delivery For Silver”
Navratri Edit By DAIMANTÉ: 9 Pendants, 9 Expressions Of Intention
BIS Introduces The Silver Refinery Certification Scheme; Framework Introduces “India Good Delivery For Silver”
Aspect Bullion & Refinery Launches “India’s Biggest Gold Fest” With Zero Making Charges On Gold Coins and Bars
GJEPC, ECGC Programme Underlines Recent Changes In Export Credit Insurance For The GJ Sector.
-
National News6 hours agoBIS Introduces The Silver Refinery Certification Scheme; Framework Introduces “India Good Delivery For Silver”
-
National News8 hours agoAspect Bullion & Refinery Launches “India’s Biggest Gold Fest” With Zero Making Charges On Gold Coins and Bars
-
National News8 hours agoGJEPC, ECGC Programme Underlines Recent Changes In Export Credit Insurance For The GJ Sector.
-
International News5 hours agoIndia Delegation Arrives In Paris For Three Days Of Learning, Business & Collaboration
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.