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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 Outlook 2020

Posted on Dec 26, 2019 at 12:00 am

Year 2019 is about to end on a positive note for the yellow metal. Its shine and lustre was maintained as it almost finished the year 13 percent higher. This rally was majorly influenced by central banks, a deterioration and slow growing global economy and escalating geopolitical tensions.


Gold 2019- A quick look back

Posted on Dec 21, 2019 at 12:00 am

It’s time to look back. 2019 was a great year for gold. Just when the global markets had started
writing off gold in 2018, it once again proved its safe haven appeal in the current year. he third quarter of 2019 was eventful for the gold sector, with two interest rate cuts from the US
Federal Reserve, a price rally and subsequent pullback and lots of speculation.


Fresh Breakout levels for gold

Posted on Dec 09, 2019 at 12:00 am

Gold prices were supported by a general shift in monetary policy of major central banks from tightening to a new round of easing, a decline in government bond yields, an increase in the amount of negative yielding government bonds, weakness in the Chinese Yuan, uncertainty on global growth and global trade front, and Brexit uncertainty.


Gold remains re-committed

Posted on Dec 04, 2019 at 12:00 am

Gold has risen more than 13% this year mainly due to the trade dispute driving demand for safe assets


Gold expected to bounce

Posted on Dec 02, 2019 at 12:00 am

November wasn’t a great month for the yellow metal as prices were down almost 4%. This was the biggest drop seen since November 2016. This decline was seen following positive news about a deal between Beijing and Washington which further weakened demand for the safe-haven metal.Hopes for an interim U.S.-China trade deal buoyed demand for riskier assets.There was not much clarity as to where will these trade talks lead to, hence the volatility was reflected in the trading prices.


Gold - Safe, Sound and Stable

Posted on Nov 26, 2019 at 12:00 am

In my weekly blogs, I generally talk about gold’s performance, why it has behaved in a particular manner in the respective week, how it looks like and a major economic outlook of the yellow metal.But today I would like to write about gold from the investors or the markets view point- as to why gold has been in high demand in spite of rising prices, should you look at gold from an investors perceptive, should you diversify your portfolio in to the yellow metal etc.Gold creates a feeling of safety and security. Most retail investors and fashion and lifestyle consumers trust gold more than the currencies of countries


Gold gives alternate Income

Posted on Nov 20, 2019 at 12:00 am

Though gold prices dropped in the past week, it managed to recover this week as it was being witnessed as a hedge to the trade war. After talk of Beijing’s over President Donald Trump’s impeachment proceedings pricked the prospective U.S.-China trade and further pushed gold prices.


Gold will get its support

Posted on Nov 18, 2019 at 12:00 am

Weakness in global growth, lack of clarity in US China trade dispute, weak economic data coming from Asian markets, negative Asian equities, Powell’s speech, unrest in Hong Kong and other ongoing risks, together proved to be good support for gold-


Gold likely to be pushed into the positive territory

Posted on Nov 12, 2019 at 12:00 am

Last week, Gold opened tested the $1515 resistance area but it failed to break higher and made a sharp reversal, losing more than $50 over the last week, the worst weekly performance in years.


Gold Drivers

Posted on Nov 07, 2019 at 12:00 am

Gold exposure continues to offer fair value and a good cynical vehicle in concurrence with traditional bonds and other defensive holdings in its class.