International News
Silver retreats Rs 9000/kg from its record high AUGMONT BULLION REPORT
- Prices of gold and silver fell as the US dollar appreciated and investors profited from the announcement that Israel and Hamas had reached an agreement on the first stage of a ceasefire plan.
- Federal Reserve officials agreed that the dangers to the U.S. labour market were significant enough to justify a rate cut, but they remained cautious due to persistent inflation, according to minutes of the U.S. central bank’s September meeting that were made public on Wednesday.
- Due to political unrest in France and Japan, as well as the ongoing government shutdown in the United States, markets have struggled this week. As a result, investors have turned to gold for safety.
Technical Triggers
- As the gold prices fell more than $100, volatility is very high. If gold futures sustain below yesterday’s low of $3958 (~Rs 120,200), we can say, top has been made, and a correction will follow for at least 4-5%.
- Silver achieved the target of $50 (~Rs 153,000). And then prices retreated by almost Rs 9000 from their high in volatile momentum. Yesterday’s low of $46.90 (~Rs 145,000) is a very strong support. If Silver futures sustain below this level, we could see more correction or profit booking by at least 4-5%.
Support and Resistance
| Metal | Market | Support Level | Resistance Level |
|---|---|---|---|
| Gold | International | $3850/oz | $4100/oz |
| Gold | Indian | ₹117,000/10 gm | ₹124,000/10 gm |
| Silver | International | $47/oz | $50/oz |
| Silver | Indian | ₹145,000/kg | ₹150,000/kg |
International News
Dolce & Gabbana Unveils Alta Gioielleria Taormina Collection Inspired By Sicily’s Timeless Heritage
The Latest High Jewellery Collection Celebrates Sicily’s Vibrant Landscapes, Sacred Traditions, and Exceptional Craftsmanship Through Handcrafted Masterpieces Adorned With Intricate Goldwork and Precious Gemstones.
Dolce & Gabbana has unveiled its Alta Gioielleria Taormina Collection, a spectacular tribute to Sicily’s rich heritage, drawing inspiration from the island’s vibrant landscapes, sacred traditions, and artistic legacy.
Each masterpiece in the collection is meticulously handcrafted, showcasing intricate goldwork, hand-painted details, and precious gemstones that reflect the beauty and cultural richness of Sicily. The designs embody the Maison’s commitment to Italian craftsmanship, combining traditional artistry with contemporary luxury.
More than a high jewellery collection, the Alta Gioielleria Taormina Collection celebrates Italian culture, timeless elegance, and the enduring spirit of luxury craftsmanship, reinforcing Dolce&Gabbana’s legacy of creating extraordinary jewellery inspired by art, history, and heritage.
Collection Highlight:
- San Domenico Setting: Displayed within the ancient cloisters and halls of San Domenico.
- Artisan Roses: Features hand-sculpted and enamelled gold roses enclosed in unique settings.
- Sacred Motifs: Includes parures that pay direct tribute to the artistic veneration of the Madonna.
- Couture Context: Debuted alongside the Alta Moda presentation at Radicepura and the Alta Sartoria show at the ancient Teatro Antico.
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