International News
Treasury yield declines on heightened rate cut expectations AUGMONT BULLION REPORT
- 10-year US Treasury yields have decreased 3.5% during the past four days, coming back to 4.00% level, amid heightened rate cut expectations. US macro data revealed indications of declining inflation and increased the Federal Reserve’s leeway to further lower interest rates. Consequently, this situation helps the precious metals to trade higher and push the US dollar to a one-week low.
- The likelihood that the Fed would lower interest rates by 25 basis points to 3.50%–3.75% at the December meeting has risen to 85.3% from 50.1% a week ago, according to the CME FedWatch tool.
- Furthermore, a persistent increase in the price of the precious metal is limited by expectations of a peace agreement between Russia and Ukraine. However, given that investors are now looking to more US data for some encouragement, the fundamental background indicates that the path of least resistance for gold is to the upward.
US Technical Triggers
- Gold has been trading in the range of $4000 (~Rs 121,000) and $4200 (~Rs 127,000). Buy on dips around support and sell on rallies around resistance.
- Silver has been trading in the range of $49 (~Rs 150,000) to $53 (~Rs 160,000). Buy on dips around support and sell on rallies around resistance.
Support and Resistance
| Commodity | Support Level | Resistance Level |
|---|---|---|
| International Gold | $4000/oz | $4200/oz |
| Indian Gold | ₹121,000 / 10 gm | ₹127,000 / 10 gm |
| International Silver | $49/oz | $53/oz |
| Indian Silver | ₹150,000 / kg | ₹160,000 / kg |
International News
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
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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