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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.


Gold is here to stay

Posted on Jul 06, 2020 at 12:00 am

It was a milestone week for gold as it crossed the $1800 mark or the first time since 2011. The second half of 2020 proved to be quite an achievement for the yellow metal, and with strong fundamentals and what appears to be an unstoppable uptrend, investor world over is completely bullish for gold.

The scene is set for gold

Posted on Jun 29, 2020 at 12:00 am

Gold went through another volatile week with an attempt at breaching the $1,800 an ounce level. The yellow metal wrapped up a very exciting trading week after seeing prices hit 7.5-year highs and climbing to $1,796.10 on Wednesday.

Investors seeking refuge in the safe haven asset

Posted on Jun 23, 2020 at 12:00 am

Gold strikes a balance

Posted on Jun 19, 2020 at 12:00 am

The yellow metal has fallen around 0.3% this week. But still sentiments remain positive. Growing concerns over US China Trade war, escalating Sino-India tensions along with the ongoing Covid widespread- all these together have helped gold in maintaining its price range and has further supported positive sentiments for the same. 

Bullish vs Bearish sentiments for gold

Posted on Jun 15, 2020 at 12:00 am

Recession and pandemic have been good supporters for gold this year. Gold has advanced 16.7% since March 2019. Simultaneously the dollar has dropped 6.8%

Investors remain bullish for gold

Posted on Jun 12, 2020 at 12:00 am

Geopolitical crisis still remains on the cards for gold

Posted on Jun 10, 2020 at 12:00 am

Gold has been a major beneficiary of a weak dollar and low US interest rates over the last three weeks and this looks likely to change in the short-term. The yield on the 10-year US benchmark is nearing 1%, up from 0.65% a week ago, dulling the appeal of the precious metal, while the US dollar basket may have found a temporary base around 96.50 after having fallen by four big figures since mid-May. Bullion has declined about 3% last week, on track for its biggest fall since the week ending March 13.

Gold- A simple investment in complicated times

Posted on Jun 08, 2020 at 12:00 am

As the last decade draws to a close, gold has once again demonstrated its safe haven status  and alerted the keen observer that the general situation in the financial markets is about to change fundamentally.

Gold continues to strengthen in second half of 2020

Posted on Jun 05, 2020 at 12:00 am

A couple of months ago, the economic upswing was still firmly established, production expanded, and unemployment was declining. It all changed with the advent of the coronavirus or, to be precise: things turned really sour with the politically dictated lockdowns. As a reaction to the spread of the virus, governments in many countries ordered shops and firms to shut down and people to stay home. The inevitable result was a close-to-complete breakdown of the economic system. Hundreds of millions of people were thrown into outright despair; in India alone 120 million workers lost their jobs in April 2020.

Where everything else is falling, Gold seems to pretty tempting

Posted on May 26, 2020 at 12:00 am

Any one of these four factors possesses the power to drive gold prices here. But today, we don’t have to choose — all four are combining to trigger the gold-buying impulse.