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Record rally continues in precious metals AUGMONT BULLION REPORT

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  • Gold prices rose above $4240(¬Rs 128,000), maintaining its surge to a new high, propelled by demand for safe haven assets and mounting anticipation of a dovish US monetary policy outlook.
  •  With a 98% chance, traders are pricing in a 25 basis point rate cut in October. A second cut in December is fully factored in at 100%. Investors have almost fully priced in a 25 basis point rate drop at this month’s meeting, with another expected in December, after Fed Chair Jerome Powell’s recent comments noting indications of a worsening labour market.
  • Treasury Secretary Scott Bessent stated that, in coordination with European allies, Washington might also impose export restrictions or taxes on China’s imports of Russian oil.
  • In the meantime, the protracted government shutdown increased market anxieties and posed threats to the US economy.

Technical Triggers 

  • As gold continues this rally, next resistance is $4250(¬Rs 128,000) and $4300 (¬Rs 130,000). We can see reversal if prices sustain below $4090 (¬Rs 125,000)
  • Silver is facing strong resistance at $53.50 (¬Rs 165,000), if it clears, next resistance is $55 (¬Rs 170,000). While downside support is $50.50 (¬Rs 155,000), if prices sustain below that level, more profit-booking can follow.

Support and Resistance

CategorySupport LevelResistance Level
International Gold$4,090 / oz$4,300 / oz
Indian Gold₹1,25,000 / 10 gm₹1,30,000 / 10 gm
International Silver$50.50 / oz$55 / oz
Indian Silver₹1,55,000 / kg₹1,70,000 / kg
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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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