Augmont Blog

World Gold

History reveals that gold has always been considered as a safe haven asset, an asset that generates maximum returns in times of uncertainty. It is one of the oldest investment assets available to mankind. But what would the scene be like when all markets are stable, economies are developing, geopolitical

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Markets wary of the war

Last week the yellow metal was all green over escalating tensions of the US China trade war. Early in the week, spot gold prices rose 1.1%, registering their best one-day percentage gain in nearly three months after China announced that it would impose retaliatory tariffs on a range of U.S.

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Trade War pushes gold prices high

Gold prices ended last week on a high note as prices rose on Friday over the escalating US China trade war. Gold posted a weekly rise as the United States raised tariffs on Chinese goods and increased fears of a global economic slowdown, with a weaker dollar also offering support

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Gold struggles to sustain bullish sentiments

Gold performed well in April. In fact it had a fairly moderate performance given the fact that a lot of macro factors were playing around its prices. US equities, Fed comments, US China trade war, were among the key macro factors that were highly influencing gold prices. Still it managed

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Gold is here to stay

Gold was set for a decline last week over strong economic growth numbers. Last week, gold fell ahead of first-quarter earnings season as the dollar gained while the precious metal slumped to its lowest level of the month. Gold fell 1.23 percent at the close of Thursday’s trading session to

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Gold declines but still a favourite

Since the turn of the century, the gold industry has experienced a roller coaster ride, with prices rising from $255 an ounce in 2001 to highs of $1,906 a decade later, before falling to $1,056 by December 2015. After a gap of almost 4 years, gold is being seen on

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Gold vs Stocks

Past 3 to 4 years haven’t been that exciting for gold. In fact gold has surfaced to the current $1300 an ounce, a level that was previously seen 6 years ago. Gold has been trading in a tight range for quite some time. Gold is an investment that people prefer

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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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Augmont Blog

Augmont Gold – Safer Than Your Bank’s Safety Vault!

Source As Indians we love buying and collecting gold. It is viewed as one of the most important assets in traditional India mainly because of its liquidity value. You can now buy gold online on the Augmont App. Are you wondering if your gold is safe with us? Cloud purchases

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