National News
Precious Metals Surge On A Weakening US Dollar, Tumbling Crude Oil Prices
Gold: Expected To Trade Largely Sideways/Range-Bound This Week, Lacks An Aggressive Directional Trigger
Precious metals surged in early Monday trading, driven by a weakening US dollar, tumbling crude oil prices, and shifting geopolitical narratives surrounding US-Iran peace negotiations. While silver led the rally with a substantial ~4% intraday gain globally, gold rebounded over 1%, recovering from previous minor losses. Markets are balanced between optimism over relaxed energy inflation and structural caution regarding the Federal Reserve’s interest rate trajectory.
Early trading on the domestic and international exchanges reflects a strong, broad-based rally across precious metals. On the Multi Commodity Exchange (MCX), domestic gold futures for June 2026 delivery climbed by Rs. 821 to reach Rs. 1,59,500 per 10 grams, while July 2026 silver contracts posted a substantial gains of 1.8%, spiking by Rs. 5,042 to settle at Rs. 2,76,888 per kilogram. In the Indian retail spot market, 22K gold is holding at Rs. 14,625 per gram, with spot silver trading at Rs. 2,850 per 10 grams and platinum priced at Rs. 60,120 per 10 grams. This domestic momentum tracks sharp upward moves in global markets, where international spot gold advanced 1.1% to $4,560.09 per ounce, spot silver rallied 3.1% to $77.81 per ounce, and spot platinum gained 2.1% to sit at $1,963.30 per ounce.
Gold: Expected to trade largely sideways/range-bound this week. It lacks an aggressive directional trigger as traders await concrete resolution on the US-Iran nuclear stand-off.Silver: Projected to maintain a stronger, positive undertone relative to gold, buoyed by industrial demand and lingering macroeconomic volatility.
National News
Mahesh Notandass and Vandals Partner with Rohit Gandhi + Rahul Khanna for Noir Botanica
Mahesh Notandass and Vandals served as the official jewellery partners for designer duo Rohit Gandhi + Rahul Khanna’s Noir Botanica presentation, held at Galeries Lafayette Mumbai on August 20.
Jewellery from both houses was worn by Rohit Gandhi and Rahul Khanna, as well as models walking the presentation, complementing the collection’s sculptural silhouettes, metallic surfaces and architectural detailing.




Rather than a conventional runway, the evening was conceived as an immersive fashion experience. Galeries Lafayette Mumbai was transformed into an intimate setting inspired by jazz and the glamour of 1930s evening culture, allowing guests to experience the craftsmanship, textures and construction of the garments up close. Actor Vijay Varma closed the presentation, adding a striking finale to the evening.
The event drew a notable gathering of celebrities and fashion personalities, including Kajol, Babil Khan, Mahima Makwana, Pragya Jaiswal, Gurfateh Pirzada, Sophie Choudhry, Sarah-Jane Dias, Shalini Passi, Zayed Khan and Ruhee Dosani, among others.


Vandana M. Jagwani, Creative Director at Mahesh Notandass and Founder of Vandals, graced the occasion, marking the coming together of the two jewellery houses with Rohit Gandhi + Rahul Khanna for the Noir Botanica presentation.
The collaboration highlights the growing intersection of fine jewellery and contemporary fashion, with Mahesh Notandass and Vandals bringing their distinct jewellery aesthetics to a collection centred on strong silhouettes, craftsmanship, texture and modern evening dressing.
The Noir Botanica capsule will be available following the presentation at Rohit Gandhi + Rahul Khanna stores and Galeries Lafayette Mumbai.
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National News2 days agoMahesh Notandass and Vandals Partner with Rohit Gandhi + Rahul Khanna for Noir Botanica

