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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

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.


Trade Cautiously

Posted on Aug 09, 2019 at 12:00 am

Gold prices have risen nearly 16% this year, and by around $ 100 an ounce this week, as investors turned to the precious metal seen as a safe haven amid the bruising US-China trade and currency war.


Gold continues to be viewed as a safe haven asset

Posted on Aug 05, 2019 at 12:00 am

Bullion was exposed and pressured by two different situations in the past week as comments from Federal Reserve Chairman Jerome Powell damped expectations for a lengthy easing cycle, while fresh U.S tariff threats a day later fuelled global-growth concerns that renewed demand for the metal as a haven. Payrolls data Friday showing higher U.S. wages and slower job gains did little to add clarity.


Gold may settle lower

Posted on Aug 02, 2019 at 12:00 am

The much awaited Fed meeting finally came to an end. All the speculation and suppositions finally came to a halt.


Rate cut vs No Rate cut

Posted on Jul 29, 2019 at 12:00 am

Gold has a very pivotal role to play in the global markets especially in times of uncertainties. Some consider gold as a currency, for some it’s a hedging tool, while some take as a commodity and there are many who treat it as a store of value. Irrespective if the role it plays, markets love to own gold in all these forms.


Gold might perk

Posted on Jul 27, 2019 at 12:00 am

We all know that when gold prices rally, all market players join the bull’s bandwagon. Currently also markets have not left a single stone unturned in proving the fact that gold will touch $2000 an ounce by year end and cross Rs. 40,000 per 10 gram in the domestic market.


Gold Revives

Posted on Jul 25, 2019 at 12:00 am

Global equities digested the Feds moderate dovish stance on Monday and most markets remained unchanged but there is a definite down swing on US 10y yields which tumbled from 2.15% to 2.09%.


Gold Reactive to Daily news

Posted on Jul 22, 2019 at 12:00 am

Last week, the price of gold had climbed above the 1.400 USD/oz level, thereby giving rise to the expectation that the yellow metal has now returned to its decade-long upward trajectory. The increase in the price of gold is not only limited to US dollar; it is pretty much the same in virtually all major currencies in the world. There are quite a few reasons why the gold bull market might indeed have returned and that the latest price action is not just bubble.


$1412 an ounce- key levels to watch for Gold

Posted on Jul 10, 2019 at 12:00 am

Gold has rallied in 2019, rising to the highest level in six years, as investors contemplate slowing economic growth, prospects for easier monetary policy in the U.S. and Europe and stale trade frictions.