National News
Tiffany & Co. Acquires Historic Titanic Pocket Watch for $1.97 Million
Tiffany & Co. has set a new record with the acquisition of a rare 18k gold pocket watch for $1.97 million. The timepiece, once owned by Captain Arthur H. Rostron of the RMS Carpathia, was a gift from three Titanic survivors—Mrs. John B. Thayer, Mrs. John Jacob Astor, and Mrs. George D. Widener—who expressed their gratitude for his heroic efforts in rescuing passengers after the Titanic sank.
The pocket watch, purchased from Henry Aldridge and Son Ltd., is engraved with a heartfelt message from the survivors and features the monogram “AHR” on its caseback. This historic artifact honors Captain Rostron’s courage and pivotal role in saving hundreds of lives. Christopher Young, Vice President of Creative Visual Merchandising at Tiffany & Co., emphasized the significance of the acquisition, stating that it highlights the brand’s long-standing connection to history and its role in the luxury world.
National News
Gold and Silver Rally Up To 2% On MCX On Weakening US Dollar
The Price Surge Reflects Renewed Buying Interest and Improved Investor Sentiment Across Domestic Commodity Markets, Driven By A Softer US Dollar and Declining Treasury Yields
— Bullion markets experienced a sharp rebound today as gold and silver prices jumped by up to 2% on the Multi Commodity Exchange (MCX). The price surge reflects renewed buying interest and improved investor sentiment across domestic commodity markets, driven by a softer US dollar and declining Treasury yields following strong Democratic performances in the US midterm elections.
Domestic gold prices advanced nearly 2% during morning trading, pushing gold futures to a two-week high. The decline in US Treasury yields provided further momentum, increasing the appeal of non-yielding assets such as precious metals.
Key Domestic Market Rates (November 5, 2026)
Retail bullion rates across major metro cities reflected today’s upward surge:
Delhi:
Standard 22-carat gold stood at Rs 1,07,200 per 8 grams, while pure 24-carat gold traded at Rs 1,16,936 per 8 grams.
Mumbai:
Standard 22-carat gold opened at Rs 1,07,080 per 8 grams, with pure 24-carat gold priced at Rs 1,16,816 per 8 grams.
Market Drivers
Analysts attribute today’s sudden surge to several macroeconomic factors:
US Dollar Index Softening: A weaker greenback made dollar-priced commodities more attractive to international and domestic buyers.
Declining Bond Yields: Reduced yields on safe-haven sovereign bonds shifted capital allocation toward precious metals.
Political Factors: Clarity emerging from the US midterm election results injected fresh liquidity into commodity markets.
Market observers expect spot gold and silver rates across major Indian hubs to remain responsive to macroeconomic triggers and currency movements throughout the trading session.
-
JB Insights2 weeks agoDhanteras Shopping Guide 2026:Gold, Silver, Diamonds & Festive Jewellery Trends To Watch
-
BrandBuzz2 weeks agoThe Solenne Collection: A Celebration Of Diwali By Bharti Bangur Fine Jewels
-
BrandBuzz2 weeks agoFrom Diya Puja To Diwali Soirées: Jewellery Designed To Go Beyond The Festive Season
-
National News2 weeks agoIndriya, Aditya Birla Jewellery Unveiled India’s Largest Sustainable Jewellery Rangavalli
JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.