Gold & Silver Expert’s View

Dollar dependency reduced. Benefits gold

Why is gold being reconsidered as a mode of investment globally? Why is the dollar dependency reducing? Why are central banks world over piling up their gold reserves? Well the answer to this looks simple but the reasons behind it are quite complex. There are so many things happening in

read more

Gold prices gain Rs 35 to Rs 33,095 per 10 gram

Gold prices gained Rs 35 to Rs 33,095 per 10 gram on Thursday, breaking its two-day fall, on account of increased domestic demand, shrugging off a weak global trend, according to the All India Sarafa Association. Silver, however, dropped Rs 270 to Rs 38,850 a kg amid lower demand from

read more

Difference between gold ETF and gold saving fund

Gold is back on the table as an investment option. The prices for the yellow metal have increased 6.2% in the past year. Overall, Indians have always been one of the larger consumers of gold. Some invest in mutual funds that invest in gold and some prefer to invest in

read more

Gold settles at a one-week high on dovish Fed

Gold futures settled at a one-week high on Thursday, buoyed by the Federal Reserve’s dovish policy statement, though strength in the dollar kept prices in check. On Wednesday, after gold futures settled, the central bank left interest rates unchanged as expected and signaled no further increase in interest rates this

read more

India may stop refined gold imports in next five years, say experts

Import of refined gold might stop in three to five years, claim experts. At present, India’s annual gold consumption is about 800-900 tonnes, of which about 750 tonnes is imported. However, domestically refined gold has been becoming more and more important.“India will stop importing gold in five years,” said Rajesh

read more

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

read more

Gold prices held steady at Rs 33,210

Gold prices held steady at Rs 33,210 per 10 gram at the bullion market on Thursday in scattered deals even as the precious metal weakened overseas, according to the All India Sarafa Association. Silver prices, however, turned weak and fell by Rs 210 to Rs 39,950 a kg due to

read more
Augmont Blog

5 Things You Must Know About Taxes Levied on Gold

  Buying gold is every Indian’s dream. With Augmont, you can turn this dream into reality. Augmont also offers Systematic Investment Plan (SIP) options which allow you to inculcate a savings habit and buy gold little by little. But, with every purchase you make you are bound to pay taxes.

read more
Augmont Blog

Some Interesting Facts About Silver To Remind You That It Can Be A Good Investment

All eyes are on gold when it comes to investing in precious metals. What we all forget is that there is a precious metal that we all can afford and get profits out of, if we understood it well. And that precious metal is the pretty looking white metal, is

read more
Augmont Blog

Looking To Invest In Gold, Here’s The Best Way To Go About It

It is the season of investment. We’re all in the mood of IT return filing and the in the mood to invest a little more this year. You invest in mutual funds, property, stocks, all types of financial instruments, but it’s high time you give gold its due importance in

read more