International News
Silver touches record highs on safe-haven buying AUGMONT BULLION REPORT
- Silver strikes a new high above $37 (~Rs 109,000) as investor tensions over the growing crisis between Israel and Iran boosted the market for safe-haven assets.
- Iran and Israel fired additional missile strikes at each other on Wednesday as the air war between the two old adversaries entered a sixth day despite a call from U.S. President Donald Trump for Iran’s unconditional surrender.
- Though consumer spending is currently underpinned by strong wage growth, U.S. retail sales fell more than anticipated in May due to a decline in motor vehicle purchases as the hurry to beat prospective tariff-related price spikes subsided.
Technical Triggers
- Gold prices are consolidating around record-high levels in the range of $3360(~Rs 99000) and $3475( (~Rs 101,000).
- Silver has crossed the $37 (~Rs 109,000) resistance. The next target is $38 (~Rs 112,000) if this positive momentum continues.
Support and Resistance
| Category | Support Level | Resistance Level |
|---|---|---|
| International Gold | $3300/oz | $3500/oz |
| Indian Gold | ₹96,000/10 gm | ₹1,01,000/10 gm |
| International Silver | $36/oz | $38/oz |
| Indian Silver | ₹1,05,000/kg | ₹1,12,000/kg |
International News
Hard Pure Gold to redefine China gold jewellery sector
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
-
International News2 days agoPrecious Metals Face Macro Headwinds Amid Persistent Inflation and Geopolitical Uncertainty: AUGMONT BULLION REPORT
-
International News2 days agoPlatinum Jewellery demonstrates resilience amidst record price rally
-
International News2 days agoBullion Dips in India Despite Safe-Haven Demand as Dollar Firms
-
National News2 days agoM P Ahammad, Chairman of Malabar Group, Conferred Maharashtrian of the Year Award 2026 by Maharashtra CM Devendra Fadnavis


