Blog

Sentiments remain bullish for Gold

Posted by Augmont
  |  
On September 8, 2020

Last month, gold crossed $2,000 for the first time in history on the back of greater geopolitical tensions and a weaker dollar. It hit an all-time high of $2,063.68 on August 6. But the rally has slowed down over the last month. Gold price closed at its lowest level in

read more

Overall picture remains positive for gold

Posted by Augmont
  |  
On August 20, 2020

The gold bull market started all the way back in 1999-2001, when gold was $250. Gold then peaked at $1,920 in 2011, after which it pulled back by 45%, before climbing up and hitting new record highs this year So far, in 2020, gold has registered an increase of 27

read more

After $2000 can we expcted $3000

Posted by Augmont
  |  
On August 6, 2020

We have been bullish on gold since quite some time, and the case for investing in gold has not been this compelling in years. Gold prices have fresh highs recently, surpassing the previous high set in September 2011, and current price trends suggest a longer, sustained rally in gold, similar

read more

Hall Marking In India: Things You Need to Know

Posted by Augmont
  |  
On July 31, 2020

Imagine the plight of the person who loses out all his hard earned money by buying gold and investing in it. If you think this is a hypothetical situation built for the premise of this blog piece, then we say you need a reality check. Hundreds of people in India

read more

Will gold cross its life time high

Posted by Augmont
  |  
On July 30, 2020

Since a long time, markets were expecting gold price to cross the crucial $1900 mark. But such a speedy momentum was quite surprising. Gold prices have climbed 20% since late March and more significantly 25% so far this year. Around 6 months back gold was seen trading withing a range

read more

Gold is here to stay

Posted by Augmont
  |  
On July 6, 2020

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

read more

Will there be a revival in the demand of gold jewellery in India post the pandemic?

Posted by Augmont
  |  
On June 30, 2020

Gold jewellery is a favourite among the Indian women, the shiny metal is just not a favourite form of accessory but also an important part of their ‘Stree Dhan.’ ‘Stree Dhan’, according to the Hindu law is the wealth acquired by women during important occasions in their life. While ‘Stree

read more

Bullish vs Bearish sentiments for gold

Posted by Augmont
  |  
On June 16, 2020

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%. All this while, gold continued to find additional support from some of the bearish factors including concerns over a second wave of infections, and raised geopolitical

read more

Should you invest in gold online in the time of COVID-19?

Posted by Augmont
  |  
On May 22, 2020

As the saying goes by Warren Buffett, 'Be fearful when others are greedy, and be greedy when others are fearful' makes it very relevant in these uncertain times. The Indian equity markets have had a disturbing last month as they grappled to respond to the developing spread of the coronavirus

read more

Growing potential for gold to cross $1800

Posted by Augmont
  |  
On May 5, 2020

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 uptick in geopolitical risks is the primary catalyst due to renewed US-Sino tension after the White

read more