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Augmont Enterprises Pvt Ltd is a leading company in India which deals in bullion, specializing in bars and coins of various precious metals like Gold, Silver and Platinum. Being a company which facilitates investment in precious metals, RSBL endeavors to combine our technical and market experience with hard work and dedication to provide our clients the ability to make informed investment decisions. Founded in 1994, RSBL is proud of holding the largest variety of bullions and coins across India. Our commitment to excellence in customer service is evident in all facets of our business. RSBL's success is based on customer trust and respect backed by our highly valued staff and best quality products with most modern trading mechanisms. RSBL's dedication to continuous improvements enables us to meet the exacting requirements of our customers. This bond of trust has helped RSBL attain significant feats.


Too much happening in too little time

Posted on Oct 11, 2023 at 12:00 am

Spot gold rose 1.6% on Monday, its biggest one-day jump in five months, as military clashes between Israel and Palestinian Islamist group Hamas boosted demand for safe-haven investments.

Gold and dollar have long been inversely proportional to each other.

Posted on Sep 26, 2023 at 12:00 am

Gold and dollar have long been inversely proportional to each other. Gold is the quintessential “anti-dollar” — a place to turn for those who distrust fiat currency — so it seemed natural that prices would rise in a world of low real interest rates and cheap dollars.

It's a data packed week

Posted on Sep 04, 2023 at 12:00 am

Gold prices edged higher on Monday, helped by a retreat in the dollar and bond yields, while investors awaited a slew of U.S. economic data this week for more clues on interest rate outlook.

All eyes on important US data

Posted on Jul 31, 2023 at 12:00 am

Gold was little changed on Monday as investors awaited U.S. inflation data that could influence the Federal Reserve’s policy stance,

Investors Flows expected to move into gold

Posted on Jul 24, 2023 at 12:00 am

Investors in the yellow metal have had a rollercoaster over the past few years. In 2020, when the pandemic caused investors to duck for cover, it held up as a safe haven, with prices rising 17.2%. In 2021, with expectations of a recovery, it softened 3.4%.

Some turbulence expected soon

Posted on Jun 15, 2023 at 12:00 am

Last week gold was supported by soft labour data. This pushed gold prices a bit over expectations that the Fed will skip a gold rate hike at the conclusion of a two-day meeting on Wednesday.

Will gold maintain its safe haven appeal

Posted on May 27, 2023 at 12:00 am

Good closed on a straight negative bracket for the third week. It gave up some gains on Friday and was on course for a third straight weekly loss on the likelihood of a last-minute debt ceiling deal and as a hotter-than-expected U.S. inflation gauge raised bets for rates to stay higher for longer.

Gold expected to remain elevated

Posted on May 18, 2023 at 12:00 am

The average price of gold in Mumbai during FY 2022 was around Rs. 48000 let 10 gram which soared to around Rs. 55000 by the end of the year. Currently gold prices are hovering around Rs. 63000 per 10 gm. Gold was seen touching new life highs due to the kn going geo political uncertainties.

Dampened demand for gold over rate hike

Posted on May 08, 2023 at 12:00 am

Last week gold ended  with a nearly 0.35% gain at $1,989.65, failing to close above $2,000 throughout the week. Concerns about rising inflation continued after 1Q A core PCE QoQ and 1QA GDP price Index came in higher than expected.

It's a big week for gold

Posted on Apr 13, 2023 at 12:00 am

Gold, the safest haven amid the ongoing uncertainty, also emerged as one of the most lucrative investment options in financial year 2022-23 with an impressive return of 16.1 per cent in rupee terms, and 2.3 per cent returns in dollars.