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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

Growing potential for gold to cross $1800

Posted on May 05, 2020 at 12:00 am

Gold opened on a positive note this week, as US President Donald Trump threatened to impose more tariffs against China over the coronavirus pandemic, which Trump alleged originated from a lab in China.


The path to recovery will be gradual

Posted on May 02, 2020 at 12:00 am

We have seen that gold has been moving sideways since early April. It is trading above Feb-March highs, but it looks like a consolidation within a medium-term uptrend for the yellow metal.


Gold's future looks bright

Posted on Apr 21, 2020 at 12:00 am

With uncertainty surrounding the world economy because of the coronavirus and crude oil price crash, gold prices have been a roller coaster throughout the start of 2020.


Time to keep a watch on gold supply disruption

Posted on Apr 13, 2020 at 12:00 am

Gold has been shining all the way, ever since Covid-19 became a pandemic. There was great volatility witnessed world over, wherein prices climbed to their highest level since 2012.


Pumping of liqudity pumos up gold prices

Posted on Apr 07, 2020 at 12:00 am

The coronavirus, which emerged in China late last year, has turned into a global pandemic that has claimed lives of over 70,000 people and paralysed large wraps of the global economy.


Gold fights back as the world fights back COVID-19

Posted on Apr 01, 2020 at 12:00 am

Over the past few weeks, Covid-19 has reached into the pandemic stage globally, and is creating havoc not only medically but also economically. We have seen Covid-19 evolve from a predominantly Chinese outbreak to a global crisis. As of 1st April, 2020, there have been nearly 859,929 confirmed cases and over 42,000 deaths across 203 countries, and these numbers continue to increase on a daily basis. Although China remains the hardest-hit country in absolute terms, relative to its population, more than 20 countries, most of them in Europe, have now surpassed it, the most affected being Italy.


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.