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Precious metals inches closer to peak on rising geopolitical tensions AUGMONT BULLION REPORT

Safe-Haven Demand Surges Amid Venezuela Unrest and Cooling U.S. Manufacturing; Gold Clears $4,450 Resistance as Silver Tests Double Top at $82.6.

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Precious metal prices are currently being bolstered by a surge in safe-haven demand, driven by heightened geopolitical instability following recent events in Venezuela and growing expectations of a Federal Reserve interest rate cut. Economic sentiment has softened after U.S. manufacturing activity fell more than anticipated in December, hitting a 14-month low.

Concerns regarding the labor market have further intensified this outlook; Minneapolis Fed President Neel Kashkari warned that the unemployment rate could “pop” higher, just as market participants prepare for Friday’s employment data, which is projected to show a modest decline in job growth to 60,000. Against this backdrop of economic uncertainty, geopolitical tensions remain high as Venezuelan leader Nicolás Maduro appeared in a New York court on Monday, pleading not guilty to charges of narco-terrorism and the possession of destructive devices.

From a technical perspective, gold prices have successfully rebounded from the $4,300 level and cleared a key resistance point at $4,450 (approximately Rs 138,000), shifting the focus toward upcoming resistance targets at $4,550 (Rs 140,000) and $4,600 (Rs 141,000).

Meanwhile, silver prices have reached their previous peak of $82.6 (approximately Rs 260,000), resulting in a double top formation that may trigger some short-term profit booking; however, if silver manages to break above this previous high, the next significant levels to watch are $84 (Rs 266,000) and $88.5 (Rs 280,000).

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Van Cleef & Arpels Gives Its Iconic Alhambra a Pink Enamel Makeover

The Maison Introduces Five New Alhambra Creations Featuring Translucent Pink Enamel and Yellow Gold

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Van Cleef & Arpels has unveiled a vibrant new chapter for its iconic Alhambra collection, introducing translucent pink enamel to the signature four-leaf clover motif for the first time. The new creations combine the Maison’s emblem of luck with yellow gold, bringing a fresh, contemporary expression to the enduring design.

The new five-piece selection comprises a Vintage Alhambra pendant, five-motif bracelet, 10-motif necklace, 20-motif long necklace and Magic Alhambra two-motif earrings. The earrings additionally feature guilloché yellow gold, adding texture and contrast to the pink enamel.

The distinctive pink is the result of several years of research at Van Cleef & Arpels’ enamel workshops. Inspired by the historic 17th-century “gold-ruby” technique, the colour is created using fine particles of gold rather than traditional pigments. Carefully controlled particle size, shape and concentration produce the desired translucent hue.

Adding to its visual depth, the enamel contains tiny bubbles, giving each Alhambra motif a distinctive character while creating subtle variations as the surface catches and reflects light. The motifs are framed by the Maison’s signature gold beaded contours, further enhancing the interplay between the pink enamel and yellow gold.

Since its debut in 1968, Alhambra has continually evolved through different stones, materials and colours while retaining its instantly recognisable four-leaf clover silhouette. The introduction of enamel marks another significant step in that evolution, bringing together heritage craftsmanship, technical innovation and contemporary colour.

With its new pink interpretation, Van Cleef & Arpels continues to reinvent one of jewellery’s most recognisable motifs, demonstrating how traditional savoir-faire can give a familiar icon an entirely new expression.

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