Augmont Blog

Gold is here to stay

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

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

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

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Bullish vs Bearish sentiments for gold

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

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

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

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The path to recovery will be gradual

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. On one side it has managed to cross some important levels, on the other side it’s struggling to

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Gold continues to remain in demand

Last week passed in a much quiet phase for the world. It was rumoured that North Korean President was unwell, but later his spokesperson confirmed that he is alive and in good health. While crude did not receive much good news pertaining to demand and overflow, gold had a pretty

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Gold’s future looks bright

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. Spot bullion is trading around $1 720 -- close to a more than seven-year high -- and is forecast by numerous banks to extend

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Gold might perk

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.

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Gold Revives

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%. As mentioned earlier that the key reason about the 29th July verdict of Fed would do the “change

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Why one should invest in Gold?

Investment is a wide topic, and there are various ways to invest your money and get a good ROI. Investing in gold is one such option. Advantages of Investing in Gold Through Augmont. 1. Gold is a hedge against inflation. Gold is popularly considered as a hedge against inflation. It

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