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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.

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Gold ETF wrap up best run in a decade

Posted on Oct 05, 2020 at 12:00 am


Last month’s Fed announcement suggesting rates may remain near zero for the foreseeable future, coupled with real rates in most developed countries hovering at negatives, extends an environment where the opportunity cost of gold can remain low for investors. At the same time as economic and geopolitical indicators continue to paint a picture of uncertainty, we’re seeing stock indices turning positive. This disconnect in mind, we expect the high risk, low rate environment to continue to fuel demand for gold within investments like gold ETFs.



Gold functions as a strategic asset in an investor's portfolio, given its ability to act as an effective diversifier and alleviate losses during tough market conditions and economic downturns. Investors are keeping their faith with gold even as prices struggle last month. Holdings in bullion-backed exchange-traded funds are wrapping up an eighth quarter of expansion, the longest run in almost a decade. So far in 2020, world total Gold ETF holdings have surged about 860 tons, dwarfing any prior full-year inflow, and are near a record.



Investors’ favorite way of buying gold this year has been through exchange-traded funds, which have added 862 tons of bullion. Total gold held by ETFs rose 34 percent this year to 110.9 million ounces as gold advanced 26 percent this year.