Blog

Trade Cautiously

Posted by Augmont
  |  
On August 9, 2019

Gold prices have risen nearly 16% this year, and by around $ 100 an ounce this week, as investors turned to the precious metal seen as a safe haven amid the bruising US-China trade and currency war. As the week opened, PBOC of China fixed Yuan at 6.97% against the dollar and Trump

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Gold continues to be viewed as a safe haven asset

Posted by Augmont
  |  
On August 5, 2019

Bullion was exposed and pressured by two different situations in the past week as comments from Federal Reserve Chairman Jerome Powell damped expectations for a lengthy easing cycle, while fresh U.S tariff threats a day later fuelled global-growth concerns that renewed demand for the metal as a haven. Payrolls data

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Gold may settle lower

Posted by Augmont
  |  
On August 2, 2019

The much awaited Fed meeting finally came to an end. All the speculation and suppositions finally came to a halt. Gold prices fell on Wednesday after a four-day rally but still settled July higher for a third straight month of gains. But if the Federal Reserve cuts interest rates as

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Rate cut vs No Rate cut

Posted by Augmont
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On July 29, 2019

Gold has a very pivotal role to play in the global markets especially in times of uncertainties. Some consider gold as a currency, for some it’s a hedging tool, while some take as a commodity and there are many who treat it as a store of value. Irrespective if the

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Be Vigilant

Posted by Augmont
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On July 26, 2019

With even a minor drop in gold prices, many players in the market start doubting gold’s rally and raise questions about the gold bubble. Similar things happened this week. Initially gold was pulled down. Mario Draghi positioned up a September easing package but that wasn’t enough for the gold market.

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Gold might perk

Posted by Augmont
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On July 25, 2019

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

Posted by Augmont
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On July 22, 2019

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?

Posted by Augmont
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On July 18, 2019

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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Gold Reactive to Daily news

Posted by Augmont
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On July 17, 2019

Last week, the price of gold had climbed above the 1.400 USD/oz level, thereby giving rise to the expectation that the yellow metal has now returned to its decade-long upward trajectory. The increase in the price of gold is not only limited to US dollar; it is pretty much the

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$1412 an ounce- key levels to watch for Gold

Posted by Augmont
  |  
On July 10, 2019

Gold has rallied in 2019, rising to the highest level in six years, as investors contemplate slowing economic growth, prospects for easier monetary policy in the U.S. and Europe and stale trade frictions. The upswing has been adding momentum as central banks, including authorities in Russia and China, step up

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