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 Precious Metals surges on mounting geopolitical and trade tensions AUGMONT BULLION REPORT

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  • Investors’ reactions to rising trade and geopolitical tensions caused gold to jump nearly 3% and silver to rise 5%. To further sour relations with trading partners, US President Donald Trump threatened to double tariffs on steel and aluminium from 25% to 50% beginning Wednesday.
  • At the same time, tensions between Beijing and Washington grew as Trump accused China of breaking a trade agreement with the US. China responded with accusations of its own, further escalating trade uncertainty worldwide. According to the White House, President Trump and Chinese President Xi Jinping are expected to meet later this week, and markets are now anticipating their possible meeting.
  • In the meantime, a Ukrainian drone strike that allegedly destroyed more than 40 Russian aircraft sparked a barrage of missile and drone attacks from Moscow, intensifying the war between Russia and Ukraine. Monday’s negotiations in Istanbul concluded after the two parties met for just over an hour without moving much forward toward a deal.

Technical Triggers  

  • Gold prices have broken the range of $3275(~Rs 95000) and $3375(~Rs 96400) on the upside. If this positive momentum continues, we are likely to see the price rise towards $3450 (~Rs 99000).
  • Silver prices ahave broken the one month range of $32.5(~Rs 96000) and $34(~Rs 99000), next resistance is $35 (~Rs 101,500).

Support and Resistance

MetalMarketSupport LevelResistance Level
GoldInternational$3275/oz$3450/oz
Indian₹95,000/10 gm₹99,000/10 gm
SilverInternational$32.5/oz$35/oz
Indian₹96,000/kg₹1,01,500/kg
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International News

Hard Pure Gold to redefine China gold jewellery sector

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Record-high gold prices and continued geopolitical uncertainty have strengthened gold’s appeal as a safe-haven asset. However, these same factors also create challenges for the jewellery industry, as rising prices increase the cost of entry for consumers. In response, the industry is exploring product innovation to sustain demand. In Greater China, Hard Pure Gold is emerging as a strategic initiative designed to balance high purity, design flexibility, and affordability.

Promoted by the World Gold Council, Hard Pure Gold combines traditional purity levels—typically above 99%—with advanced manufacturing technologies such as electroforming and lost-wax casting. These processes increase the hardness of pure gold, allowing jewellers to create more intricate designs, improve durability, and support gemstone settings. At the same time, hollow-forming techniques enable lighter pieces that maintain visual impact while reducing overall weight and price.

The category also benefits from the introduction of an industry-wide standard in 2025, which clarified production guidelines and unified marketing terminology across manufacturers. Standardisation has helped build consumer trust and strengthened the positioning of Hard Pure Gold as a distinct product segment.

A key driver of its growth is changing consumer demographics. Traditionally, pure gold jewellery in China appealed primarily to middle-aged buyers who valued gold for wealth preservation. Hard Pure Gold, however, is attracting younger consumers aged 20–35 by offering contemporary designs, lighter weight, and lower entry prices without sacrificing purity. Surveys conducted by the World Gold Council indicate that it is currently the fastest-growing category within the gold jewellery segment in Greater China.

In a high-price environment, the ability to produce jewellery that looks substantial yet weighs as little as 1.5 grams helps make gold more accessible to new buyers. At the same time, increasing trade-in activity—where consumers exchange older jewellery for newer designs—encourages repeat purchases and keeps demand active.

From a strategic perspective, Hard Pure Gold demonstrates how technological innovation and coordinated industry standards can reshape consumer perception. By merging investment-grade purity with modern design and affordability, it offers a compelling pathway for sustaining gold jewellery demand in Greater China

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