International News
Tiffany & Co. Acquires Rare 7,500-Carat Kunzite for Bird on a Rock 60th Anniversary Collection
Tiffany & Co. has acquired a remarkable 7,500-carat kunzite, one of the largest and most exceptional specimens of its kind, to headline a special 60th anniversary capsule collection celebrating its iconic Bird on a Rock brooch.
Discovered over 25 years ago in Mozambique, the unenhanced kunzite crystal stands out for its extraordinary size, vivid natural colour, and exceptional clarity. It will be transformed into 10 custom-cut gemstones by Tiffany’s master cutters, each featured in a one-of-a-kind Bird on a Rock creation—paying tribute to the legendary design by Jean Schlumberger, first introduced in 1965.

“This kunzite of over 7,500 carats marks a significant moment in Tiffany’s legacy of exceptional gemstones,” said Victoria Wirth Reynolds, Chief Gemmologist and Vice President of High Jewelry Diamond and Gemstone Acquisition at Tiffany & Co. “Named in honour of Tiffany’s first Chief Gemmologist in 1902, this crystal’s exceptional size, clarity and colour are rare testaments to Mother Nature’s artistry. We are honoured to share this incredible gemstone with the world; by cutting 10 unique stones from the rough, it will be the perfect celebration to honour the 60th anniversary of the iconic Bird on a Rock.”
Kunzite, known for its striking lilac to deep purple hues, is named after Dr. George Frederick Kunz, Tiffany’s first Chief Gemologist and a pioneer in the world of coloured gemstones. A visionary mineralogist, Dr. Kunz was instrumental in establishing Tiffany’s legacy as a global leader in rare and exceptional gems. Kunzite, along with morganite, tanzanite, and tsavorite, remains one of the House’s most iconic “legacy gemstones.”
The Bird on a Rock design—originally inspired by a cockatoo—has long symbolised Tiffany’s creativity and craftsmanship. It has featured some of the world’s most exceptional gemstones, including the famed Tiffany Diamond. With this latest collection, Tiffany & Co. once again bridges heritage with innovation, celebrating a storied past while redefining modern high jewellery.
International News
Global Bullion Markets Experience Downturn As US Fed Keeps Interest Rates Unchanged
Market Analysts Anticipate Continued Volatility In Precious Metals As Traders Digest The Fed’s Stance On Monetary Policy and Its Implications For Future Rate Trajectories
Global bullion markets experienced a downturn on Thursday as spot gold and silver prices each fell by nearly 1% following the U.S. Federal Reserve’s overnight decision to keep key interest rates unchanged. Domestic gold and silver prices in India are expected to reflect this global weakness throughout today’s trading session.
| Parameter | Details |
| Gold (MCX) Futures | ~₹1,43,600.00 – ₹1,43,724.00 per 10 grams |
| Silver (MCX) Futures | ~₹1,94,450.00 per kg |
| Key Contract Benchmark | December 2026 Gold Futures are hovering near ₹1,42,324 – ₹1,43,700 levels. |
| Spot Gold | Down ~1%, struggling around $4,044/oz. |
| Spot Silver | Down ~1%, trading below $53.50/oz. |
| U.S. Fed Policy Rate | Unchanged at 3.75% – 4.00%. |
In international markets, spot gold tumbled nearly 1% to trade near $4,044 per ounce, while spot silver dropped 1% to fall below $53.50 per ounce.
The market reaction follows the latest Federal Open Market Committee (FOMC) meeting, where policymakers voted to maintain the target range for the federal funds rate at 3.75% to 4.00% (3-3/4 to 4 percent).
In an official statement, the FOMC reaffirmed its commitment to supporting its dual mandate of maximum employment and price stability while continuing its policy of maintaining ample reserves within the banking system.
Market analysts anticipate continued volatility in precious metals as traders digest the Fed’s stance on monetary policy and its implications for future rate trajectories.
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