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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

Gold still remains an investors favourite

Posted on Mar 24, 2020 at 12:00 am

It was like a sabbatical for me as I write after a fortnight. There was too much volatility in the markets where prices were just swinging. Varied reasons being responsible, I actually wanted to take time out, analyse the global scenarios and then put across my inputs on gold’s behaviour.


Gold might come on for profit taking

Posted on Mar 11, 2020 at 12:00 am

It has been a strong start to 2020 for gold, with the yellow metal rising by 12.99% in AUD terms, and 4.54% in USD terms in the first two months of the year, despite the sharp correction in precious metal prices last Friday.


Growing number of people buying gold

Posted on Feb 29, 2020 at 12:00 am

Gold is trading near a seven-year high, supported by an increasing number of coronavirus cases worldwide that threaten to curtail global economic activity. Gold has been rallying not only due to the virus but also due to the overall global economic growth.


Coronavirus fears continue to impact gold prices

Posted on Feb 25, 2020 at 12:00 am

Gold prices have rallied about 7% year to date. Gold was seen trading near $1,670 an ounce, on Monday 24th February; its highest level since early 2013, boosted in part by a flight to safety stemming from the spreading coronavirus.


Virus gives Rush to gold prices

Posted on Feb 21, 2020 at 12:00 am

Past six to eight months have been quit pleasing for fold. There are plenty of good reasons to be optimistic about gold’s prospects.


Gold soon to be the premier asset

Posted on Feb 12, 2020 at 12:00 am

Prices rose as the global death toll from the outbreak topped 900 and the WHO Director-General Tedros Adhanom Ghebreyesus voiced concern over the spread from people with no travel history to China, saying “we may only be seeing the tip of the iceberg.” Beijing will spend at least $10 billion to fight the outbreak.


Gold demand may rise soon

Posted on Feb 05, 2020 at 12:00 am

Gold has experienced resurgence as a reserve asset – central banks have become net buyers over the past 10 years, and their holdings have reached levels not seen since the 20th century. This has several origins, among them growing geopolitical tension between regional blocs; the swelling share of negative-yielding fixed income securities; and the emergence of possible challenger currencies to ‘king dollar’, which holds a more than 60% share in global foreign exchange holdings.


Pre-Budget views 2020

Posted on Jan 31, 2020 at 12:00 am

There has been a steep decline in jewellery sales over 12 months, and jewellers are facing adverse impacts of the slowdown because of the increase in gold prices, and a slowing of the overall economy.  Moreover gold prices have sky rocketed over the past few months which has further dampened the demand.


Gold is on the move

Posted on Jan 30, 2020 at 12:00 am

So far in 2020, the yellow metal has been the best market to trade. Buy the dip has been the best possible scenario. We still have that scenario playing out. Gold is on the move. Risk aversion is pushing up gold prices. Weekend news showed that (the corona virus) is still spreading in many countries across the globe and this could impact economic activity and market sentiment.


Gold welcome 2020 with a bang

Posted on Jan 07, 2020 at 12:00 am

Since May, 2019 gold prices have been ticking high and it seems there is just no looking back. Last year gold prices were driven by recessionary indicators, economic volatility and geopolitical tensions.