Augmont Bullion Daily Report

Feb 11, 2025

augmont logo 1Fundamental News and Triggers

 $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.

Technical Triggers                  

* Gold has crossed another psychological level of $2950 (~Rs 86000), and now we 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).

HUIJKLINKM

You May Also Like

Facebook Feeds

Cover for Heera Zhaveraat
94,908
Heera Zhaveraat

Heera Zhaveraat

Offical Facebook account of heerazhaveraat.com, homepage for Trade News, Articles and Promotion of D

This message is only visible to admins.
Problem displaying Facebook posts.
Click to show error
Error: No posts available for this Facebook ID

Twitter Feeds

📅 Save the date!

The Platinum Buyer Seller Meet 2026 is happening on 8–9 July at Grand Hyatt Kochi Bolgatty. A key gathering for the jewellery industry's leading buyers and sellers.

#platinumguildinternational #buyersellermeet #heerazhveerat #hzinternational #platinumjewellery

De Beers Group Celebrates the Natural Father-Daughter Bond

Read More: https://heerazhaveraat.com/de-beers-group-celebrates-the-natural-father-daughter-bond/

2

Honoured to be featured in The League Extraordinaire by The New Indian Express Group alongside 32 distinguished leaders. Grateful to Shri Eshwar B. Khandre and Shri Jagadish Shettar for the felicitation, and thankful to everyone who has supported my journey. 🙏✨

2

Honoured to be featured in The League Extraordinaire by The New Indian Express Group alongside 32 distinguished leaders. Grateful to Shri Eshwar B. Khandre and Shri Jagadish Shettar for the felicitation, and thankful to everyone who has supported my journey. 🙏✨

4

Load More

HZ is the Official Supporter of :

Member Of

Founder Member Of