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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.

BLOG

More Gains are on the Horizon

Posted on Oct 09, 2019 at 12:00 am

A turbulent week, lots of prevailing uncertainties and a much discussed volatile market- this sent the investors talking as we saw gold prices ranging from $1460 to $1510. Crossing the $1500 mark was indeed encouraging for gold.


Risk Appetite for Gold Rises

Posted on Oct 04, 2019 at 12:00 am

As I mentioned in my earlier article that bullish sentiments continue to prevail in the precious metals market, this week marked yet another justification for the same. I had even told that one should wait for a drop in order to enter the markets.


Gold continues to ride the bulls

Posted on Sep 30, 2019 at 12:00 am

Has gold really been the safe haven asset? Has gold really proved to be a hedge in times of uncertainties? Has the yellow metal been the highest return generating asset in its class?


Gold Will be Data Dependent

Posted on Sep 27, 2019 at 12:00 am

Important numbers were out from the US which indicated a lot of things. There were signs of a deteriorating US economic data especially on consumer confidence and certain manufacturing data indicating shrinkage. Even though this had been the voice of many Fed Guv post the recent verdict from US Federal Reserve last Wednesday, the recession call stays unconfirmed, however it still remains on the table of leading economists. A surge and drop in gold and crude respectively could be a follow effect of this belief.


Golds Safe Haven Status is Intact

Posted on Sep 23, 2019 at 12:00 am

The bullion has risen about 18% so far this year. The precious metal hit a six-year high this month as central banks globally eased their monetary policy to deal with the slowdown in growth triggered by the U.S.-China trade war.


Upcoming Fed meet important for gold

Posted on Sep 16, 2019 at 12:00 am

Gold gained ground during European trading hours on Friday. It then gave up some of those gains early in the U.S. trading session. Gold demand in Europe has been strong in the wake of the ECB’s decision to lower rates and re-launch its sovereign debt-buying program.


Gold will be strong for long

Posted on Sep 13, 2019 at 12:00 am

In times of crisis and uncertainties gold has always been the most preferred form of investment due to its safe haven appeal. The safe haven status of the yellow metal can be justified by the following characteristics-


Gold prices expected to remain relatively steady

Posted on Sep 10, 2019 at 12:00 am

Gold and silver have had an exciting run in the past couple of months, and this is taking place exactly because precious metals are doing what they are supposed to do – act as a hedge against economic instability.


Dips adds demand for the yellow metal

Posted on Sep 03, 2019 at 12:00 am

Gold has powered ahead this year, hitting a six-year high above $1,500 an ounce. Gold, which did little except glitter for most of the past five years, has seen price gains this year. Gold began the year at $1,279 an ounce, and it is currently trading at $1,498, a 17.1% gain.


Be Vigilant

Posted on Aug 14, 2019 at 12:00 am

With even a minor drop in gold prices, many players in the market start doubting gold’s rally and raise questions about the gold bubble.
Similar things happened this week.
Initially gold was pulled down. Mario Drag hi positioned up a September easing package but that wasn’t enough for the gold market. It hit $1433 after the initial ECB statement but the lack of action resulted in a drop in gold prices as it was down by $9 to $1416.