Bullion Player Mr. Prithviraj Kothari, MD of RSBL viewed that, on the Valentine’s day-“Yesterday, US released CPI inflation data, which fell to 3.1% YoY, down from 3.4% the previous month and the core CPI number, which came in at 3.9%.
Following this data release, US Treasury yields edged higher, with the 10-year yield reaching 4.32% and the 2-year rate rising to 4.654%, the largest one-day increase in the last 9 months. After the positive US CPI report, traders in financial markets pushed back their forecasts for interest rate cuts to June from May.
Inflation is dropping, but not fast enough for Fed policymakers to start lowering interest rates soon, which is pressurizing bullion prices. Gold prices are trading on the lower edge of the range around $2000 (Rs 61500), if prices break this range, immediate support would be $1980 (Rs 61000) in the short-term.”
Offical Facebook account of heerazhaveraat.com, homepage for Trade News, Articles and Promotion of D
Divine Solitaires honoured leading partner jewelers from across India at IIJS Premiere 2026, alongside the first weekly lucky draw of TSFI's Wood Jubilee edition.
#divinesolitaires #hzinternational #iijspremiere #heerazhaveraat #luckydraw
✨ A moment to remember at IIJS Premiere 2026!
Proud to be part of Jewellers for Hope, bringing the jewellery community together for a meaningful cause. Grateful to be part of this special initiative.
#iijspremiere2026 #uniquechains #jewellersforhope #gjepc #iijs2026
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.
