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Precious metals witness profit booking ahead of Employment data AUGMONT BULLION REPORT

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  • Gold and silver prices fell as investors awaited the US nonfarm payrolls report for October and November, which would provide additional information on the Federal Reserve’s policy stance. If labour market data confirms the idea that employment remains a weak point, precious metals may benefit since it enhances the case for quicker rate cuts.
  • Markets are currently putting in a 75.6% chance that the Fed will hold interest rates unchanged at its January meeting, with some expecting two additional rate cuts next year.
  • US officials stated on Monday that an agreement with Ukrainian President Volodymyr Zelenskyy to stop the war with Russia was nearly complete, but territorial problems remain unresolved, and a robust security assurance from the US and European countries remains a sticking point.
  • India’s regulators now enable pension funds to invest in gold and silver ETFs. They will be authorised to add gold and silver ETFs in private sector pension programs worth up to 5% of the fund’s AUM. This could further increase the already increasing investment demand in India.

Technical Triggers        

  • Gold is expected to trade in the range of $4290 (~Rs 132,000) to $4400(~Rs 136,000) this week. Buy on dips around support.
  • For Silver $65 (~Rs 200,000) will be a difficult nut to crack. Prices are expected to touch support of Rs $60.50 (~Rs 188,000) before rising higher to resistance.

Support and Resistance

MetalMarketSupport LevelResistance Level
GoldInternational$4,400 / oz$4,290 / oz
GoldIndian₹132,300 / 10 gm₹135,500 / 10 gm
SilverInternational$60.5 / oz$65 / oz
SilverIndian₹190,000 / kg₹200,000 / kg

source:AUGMONT BULLION REPORT

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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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