International News
Rare Colored Gems Take Center Stage at Bonhams Hong Kong Auction
A dazzling array of colored diamonds and rare gemstones will headline Bonhams’ upcoming Jewels and Jadeite sale in Hong Kong on May 22, with standout pieces expected to fetch up to HKD 5 million ($640,000).
Leading the sale is a striking pink diamond ring featuring a 1.08-carat, fancy vivid pink, internally flawless diamond. The modified shield brilliant-cut stone is mounted in a contemporary setting and surrounded by 13.90 carats of round brilliant and tapered baguette-cut diamonds.
Also among the top highlights:

- The Kat Florence Lumina, an unmounted 181.61-carat cushion-cut greenish-blue Paraiba-type tourmaline, shares the spotlight with the pink diamond, both carrying an estimate of HKD 5 million ($640,000).

- A pair of ruby and diamond earrings by Harry Winston, with center rubies weighing 6.98 and 6.96 carats, is expected to fetch up to HKD 3.8 million ($490,000).

- A ruby and diamond fringe necklace, showcasing 44 oval Burmese rubies totaling 49.09 carats and a prominent pendant ruby, could reach HKD 2.8 million ($360,000).

- A 7.03-carat fancy vivid yellow diamond ring, internally flawless, is estimated at HKD 2.5 million ($320,000).

- A Cartier panther bracelet, set with 18.10 carats of diamonds, 12 carats of sapphires, emerald eyes, and an onyx nose, also carries an estimate of HKD 2.5 million ($320,000).

- A 15.06-carat orange-red Tanzanian spinel ring, flanked by diamonds, may achieve HKD 2 million ($260,000).

Rounding out the top lots are several vibrant yellow and Paraiba tourmaline rings, each estimated between HKD 1.5 million and HKD 1.9 million ($190,000–$240,000).

Renowned names such as Harry Winston, Cartier, and Bulgari will be represented, offering collectors a rare chance to acquire exceptional pieces from leading design houses.
International News
Precious Metals at the Crossroads – Geopolitics, Inflation, and Key Technical Levels AUGMONT BULLION REPORT
Crisis Disrupting Energy Supplies, Pushing Inflation Risks Higher, Increasing The Probability Of Central Bank Interest Rate Hikes
Safe-Haven Dynamics – Gold and Silver prices are consolidating as investors assess the possibility of U.S.-Iran diplomatic talks and the uncertain future of the current ceasefire. Both nations are scheduled for peace negotiations in Islamabad this week. However, the ceasefire came under threat on Monday following the seizure of a cargo vessel, raising doubts about whether talks will proceed as planned.
- Geopolitical Developments– The ongoing Middle East conflict has caused a significant disruption to energy supplies, pushing inflation risks higher and increasing the probability of central bank interest rate hikes — both of which create headwinds for gold prices. Adding to the uncertainty, President Donald Trump indicated he will not extend the truce if no agreement is reached before its deadline, and has stated that the Strait of Hormuz will stay closed until a deal is finalized.
- Macro-economic Signals – Markets are closely watching for clarity on whether the Islamabad talks will proceed, and if so, whether they result in a ceasefire extension or a broader peace agreement. Gold’s price direction will continue to be driven by Middle East outcomes and their downstream effects on energy costs and inflation expectations.
Technical Triggers
- Gold is trading in the range of $4750 (~ Rs 152,500) and $4850 (~Rs 155,000) from past few days. Either side breakout or breakdown will give 3-4% directional move.
- Silver is trading in the range of $78 (~ Rs 248,000) and $81 (~Rs 257,000) from past few days. Either side breakout or breakdown from this band will give 3-4% price swing.
Support and Resistance
| International Gold Support Level International Gold Resistance Level Domestic Gold Support Level Domestic Gold Resistance Level | : $4600/oz : $5000/oz : Rs 153,000/10 gm : Rs 160,000/10 gm |
| International Silver Support Level International Silver Resistance Level Domestic Silver Support Level Domestic Silver Resistance Level | : $75/oz : $82/oz : Rs 235,000/kg : Rs 260,000/kg |
-
National News1 day agoAKSHAY TRITIYA 2026 – Healthy Footfalls, Jewellery Sales Across India, Estimated 18–20 Tonnes Of Business Recorded
-
National News1 day agoAkshaya Tritiya 2026:Indian Consumers Balanced Record-High Prices With Age-Old Traditions
-
International News11 hours agoPrecious Metals at the Crossroads – Geopolitics, Inflation, and Key Technical Levels AUGMONT BULLION REPORT
-
DiamondBuzz1 day agoMotorsport Meets High Jewellery: Hannah St John Turns Heads with ‘La Velocita’ Diamond Necklace at F1 Event


