International News
Precious Metals continue their bull run ahead of the NFP data AUGMONT BULLION REPORT
- Anticipating lower US interest rates and safe-haven demand helped gold rise beyond $3600, close to record levels, and on pace for a weekly gain of more than 3%.
- Further deterioration was indicated by the most recent ADP report, which showed that private payrolls increased by just 54,000 in August, significantly less than expected, and that jobless claims hit their highest level since June. To solidify their bets on a short-term Fed move, investors are now awaiting the August NFP data, which is out later today.
- There is a virtually 100% chance that markets will price in a 25 basis point drop on September 17. Since lower interest rates lessen the opportunity cost of keeping non-yielding assets, traders are now betting on up to three cuts this year, which would help gold.
- Concerns about the Fed’s independence have been exacerbated by President Trump’s actions, and the demand for safe-haven assets is being increased by geopolitical tensions, economic uncertainty, and global trade uncertainties.
Technical Triggers
- Gold seems to continue its run-up towards its record high levels again. Next target $3650 (~Rs 108,000) and $3700 (~Rs 110,000).
- Silver continues its upward trajectory for the next target of $42 (~Rs 125,500) and $43 (~Rs130,000).
Support and Resistance
| Category | Support Level | Resistance Level |
|---|---|---|
| International Gold | $3575/oz | $3650/oz |
| Indian Gold | ₹106,000/10 gm | ₹108,000/10 gm |
| International Silver | $41/oz | $43/oz |
| Indian Silver | ₹123,000/kg | ₹130,000/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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