In their Report Augmont Bullion said, $3000 is knocking on the door for Gold! Gold prices surged to a record high of $2968 (~Rs 86300) as investors flocked to the safe-haven asset after he imposed new 25% tariffs on steel and aluminium imports, inflaming inflation and a potential trade war.
The risk of a global trade war is putting pressure on trading in physical bullion and driving financial markets to get exposure to gold as part of what can be loosely described as a de-dollarization theme. Additionally, worries that Trump’s protectionist policies would reignite inflation in the US prove to be another factor that benefits the precious metal’s status as a hedge against rising prices.
At the Technical Triggers front, Gold has crossed another psychological level of $2950 (~Rs 86000), and now Augmont may see strength, towards a very important psychological level of $3000 (~Rs 87500). Silver is still facing resistance at $33 (~Rs 96000).
If prices sustain above this level, we are likely to see a 5% up move for the target $35 (~Rs 101,000). Augmont chart Support and Resistance as, 1: International Gold Support level at $2790/oz & International Gold Resistance level set at, $3000/oz. 2: Indian Gold Support level at Rs 81000/ 10 gm & Indian Gold Resistance level at Rs 87500/ 10 gm.
1: International Silver Support level at $32/oz & International Silver Resistance level is of $35/5oz. While, Indian Silver Support level is of Rs 92500/ kg & Indian Silver Resistance level at, Rs 101,000/ kg.
Offical Facebook account of heerazhaveraat.com, homepage for Trade News, Articles and Promotion of D
Delhi Jewellery & Gem Fair is back with its 14th edition of North India’s iconic B2B jewellery expo! 💎
📅 26–28 September 2026
📍 Bharat Mandapam, New Delhi
Connect, discover and explore new opportunities across the jewellery industry.
Heera Zhaveraat (HZ International) A Diamond, Watch and Jewellery Trade Promotion Magazine provide dealers and manufactures with the key analytical information they need to succeed in the luxury industry. Pricing, availability and market information in the Magazine provides a critical edge.
