Augmont

Gold expected to perform well in 2019

Last fortnight gold fell near two week lows. It was heading for its biggest weekly fall in nearly four months on 28th Feb. A strengthening dollar backed by rising equities created pressure on the yellow metal. Better sentiment on the stock markets and a reluctance by the physical gold investors

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Gold futures up Rs 167 on positive global cues

Gold prices rose by Rs 167 to Rs 32,095 per 10 gram in futures trade Monday as speculators widened their bets, tracking a firm trend overseas. At the Multi Commodity Exchange, gold for delivery in February was trading higher by Rs 167, or 0.52 per cent, to Rs 32,095 per 10 gram,

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Gold and Silver Reports

Gold prices rise on safe-haven demand amid global growth concerns

Gold prices rose on Wednesday on demand for safer investments amid falling equity markets and concerns over the outlook for global economic growth. Spot gold rose 0.1 percent to $1,283.61 an ounce as of 0452 GMT, near a six-month high of $1,284.09 reached on Monday. U.S. gold futures rose 0.3

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Gold and Silver Reports

Gold firms up by Rs 125 per 10 gm, silver remains flat

Gaining for second day, gold prices on Tuesday rose by Rs 125 to Rs 32,400 per 10 gram at the bullion market in the national capital on higher demand from local jewellers even though international markets were closed due to Christmas. Silver, however, remained flat at Rs 38,000 a kg

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Gold, jewellery exports to post up to 5% growth this year

Gems and jewellery exports for the current financial year may stay flat or post a marginal growth of up to 5 per cent, said Colin Shah, vice-chairman of Gems and Jewellery Export Promotion Council (GJEPC). The levy of IGST on re-import consignments exported earlier for overseas exhibition, export promotion tours

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Gold steadies near one-week high, all eyes on Fed

Gold steadied off a one-week high on Tuesday as investors awaited the U.S. Federal Reserve's decision on interest rates, with a weaker dollar and faltering global equities lending support. Spot gold was up 0.26 percent at $1,249.11 per ounce at 1:50 p.m. ET, having earlier touched its highest level since

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Gold and Silver Reports

Gold hits over 1-month high on easing dollar

Gold prices rose on Tuesday, after hitting a more than one-month high earlier in the session, as the dollar stumbled after the United States and China agreed to a temporary truce in their trade conflict that rattled global markets. Spot gold climbed 0.4 percent to $1,235.78 per ounce at 0400

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Augmont Blog

Accumulate 10-gram gold every year without hurting your monthly budget

Even when world economies shiver, gold continues to prosper. Factually, while India is the world's largest consumer of gold, it has the 2nd largest number of internet users. If you’re wondering what’s the relation between the two, consider this. Where gold could earlier only be bought as jewellery, bars, or

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Augmont Blog

Augmont App – The Easy Way of Buying Gold and Silver

It has been observed that Gold has always found a very special place in heart of Indians. It is one of the most preferred type of investment. Predominantly, it’s beautiful and almost always pays off rich dividends. But the question is ‘Is the habit of buying gold can be done

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Gold inches down as safe haven demand lifts dollar

Gold prices eased slightly on Wednesday as the U.S. dollar was boosted by safe-haven demand as investors eyed U.S.-China tensions amid heightened risk aversion. Spot gold dipped 0.1 percent to $1,220.36 per ounce at 0435 GMT. U.S. gold futures were flat at $1,220.7 per ounce. The dollar firmed against its

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