loader image
Connect with us

National News

Augmont Triumphs at the 10th India International Bullion Summit with Four Prestigious Awards

Published

on

64 views

Augmont Enterprises Pvt. Ltd. and Augmont Goldtech Pvt. Ltd. have been recognized for their prominent contributions to the bullion and digital gold industry at the 10th India International Bullion Summit (IIBS), hosted by the India Bullion and Jewellers Association (IBJA). The group secured honors across four key categories, reaffirming its leadership and commitment to innovation, transparency, and proficiency in the sector.

Augmont’s Award-Winning Achievements:

  • Best Bullion Dealer – Gold: Augmont Enterprises Pvt. Ltd. received this award for its market leadership, trust, and transparency in the gold bullion trading ecosystem. The company has been providing seamless bullion trading experiences, ensuring reliability and efficiency for traders and investors.
  • Best OTT Platform: Augmont Goldtech Pvt. Ltd. was recognized for its noteworthy digital gold investment platform, which enables investors to seamlessly buy, sell, and manage gold assets online.
  • Recognition for Best Verified Tag Holder: Augmont Enterprises Pvt. Ltd. earned this accolade for maintaining high standards of authenticity and verification in the bullion industry. By implementing thorough quality control measures, Augmont Enterprises Pvt. Ltd. aims to ensure that customers and investors receive only 100% verified and certified bullion products.
  • Best Bullion Research Report: Dr. Renisha Chainani, Head of Research at Augmont Enterprises Pvt. Ltd., was honored for her noteworthy research and strategic insights into the bullion market. Her deep market analysis and data-driven strategies have contributed to the bullion market forecasting, helping investors make well-informed decision.

“We are truly honored to receive these awards at the 10th India International Bullion Summit. At Augmont Enterprises Pvt. Ltd., we have always believed in the power of innovation, research-backed insights, and customer trust as the pillars of our operations. We believe that our aim to deliver excellence—whether in digital gold investments, bullion trading, or research—has helped us anticipate and meet customer expectations in an evolving industry. These recognitions are a reflection of our team’s dedication and our commitment to establishing ourselves as one of the notable entities in the bullion market. As we continue to grow, we remain committed to enhancing transparency, ensuring seamless transactions, and providing investors with distinguished solutions for gold investments,” said Ketan Kothari, Director, Augmont Enterprises Pvt. Ltd.

As one of the notable players in the bullion ecosystem, Augmont continues to empower investors with secure, transparent, and technology-driven gold investment solutions. With a focus on research-backed insights and advanced digital platforms, Augmont Enterprises Pvt. Ltd. is contributing to innovative ways in which India invests in gold.

Continue Reading
Advertisement
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

National News

Is it wise to buy gold this Akshaya Tritiya? :AUGMONT KNOWLEDGE SERIES

Published

on

2,369 views

Akshaya Tritiya, celebrated as an auspicious day to invest in gold, often sees a surge in gold purchases across India. But in 2025, with gold prices touching all-time highs, the big question for investors and buyers alike is: Is it wise to buy gold this Akshaya Tritiya?

Over the last 20 years, gold has delivered approx.15% CAGR, which is quite robust, especially in comparison with many fixed-income instruments and even some equity segments during market volatility. Gold has also acted as a hedge against inflation, currency depreciation, and geopolitical uncertainties.

 

Why Gold Has Performed Well

Several factors have supported gold prices in recent years:

  • Geopolitical tensions: Russia-Ukraine war, Israel-Palestine unrest, and US-China trade concerns.
  • Inflation worries: Gold is a traditional inflation hedge.
  • Global economic uncertainty: Fears of a recession and a weak global economic outlook.
  • Central bank buying: Many countries, including India and China, have increased gold reserves.
  • Currency depreciation: The weakening of the Indian Rupee against the US Dollar added to local gold price inflation.

Why You Should Consider Buying

  • Tradition with benefits: Buying gold on Akshaya Tritiya is culturally symbolic and has proven profitable historically.
  • Diversification: Gold acts as a portfolio stabilizer, especially during market downturns.
  • Returns remain promising: With global uncertainties continuing and rate cuts expected in the US, gold may remain supported in the near term.
  • Demand for digital and investment-grade gold is rising: More buyers are shifting toward efficient, value-oriented gold investments.

Caution Due to High Prices

  • Gold prices are near historical highs (₹96,000 per 10 grams), so bulk buying may not be advisable.
  • A correction could occur if:
    • US-China tensions ease.
    • Interest rates rise unexpectedly.
    • Investors shift their focus back to risk assets like equities.

Smart Buying Strategy for 2025

Buy with a measured and strategic approach:

  1. Avoid large lump sum purchases: Instead, opt for staggered buying or SIPs in gold digital gold or ETFs.
  2. Use Akshaya Tritiya as an entry point: Start small with Augmont Digital Gold or gold mutual funds.
  3. Buy coins or smaller jewellery pieces: Avoid heavy making charges; focus on purity and resale value.
  4. Think long term: If you’re buying gold as an asset, not just a purchase, stay invested for 3–5 years.

Final Word

Akshaya Tritiya 2025 presents an opportunity to align tradition with smart investing. While prices are high, gold’s long-term track record, safe-haven status, and cultural relevance make it a viable addition to your portfolio. Just remember to balance emotional purchases with financial prudence—and consider buying in forms that add both value and flexibility.

In short: Yes, buy gold—but buy smart.

Continue Reading

National News

Aspect Bullion & Refinery to launch 50 gold and silver vending machines nationwide on Akshaya Tritiya

Published

on

2,348 views

Aspect Bullion and Refinery, a division of Aspect Global Ventures, has announced plans to roll out 50 gold and silver vending machines in the next 12-18 months. These state-of-the-art bullion vending machines have been indigenously developed by Aspect Bullion, assuring complete control over the planogram, software backend, and customer interface, reinforcing Aspect Bullion’s commitment to innovation, transparency and consumer trust. Strategically designated to be placed at high-footfall locations such as major malls, airports, temples, airports and more, the vending machines are designed to make purchasing precious metals faster, safer, and more accessible than ever before. Very soon, the brand will open another store in Mumbai and begin exploring franchise opportunities across India.

In the lead-up to Akshaya Tritiya — a festival synonymous with prosperity and gold purchases — Aspect Bullion has unveiled its first bullion vending machine at R City Mall, Ghatkopar, Mumbai. Shoppers can experience this innovative offering firsthand from April 26 to May 4, 2025.

Commenting on the initiative, Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures said, “Gold and silver have always been an important part of India’s culture and traditions. With our vending machine, we are combining tradition with technology to make buying precious metals easier, safer, and more transparent. Our goal is to give people a simple, convenient, and trusted way to invest in gold and silver. We are proud to launch India’s first bullion vending machine, and we believe this will change how consumers buy precious metals, especially during important occasions like Akshaya Tritiya.”

Each vending machine will offer a curated range of gold and silver coins and bars, featuring exclusive designs and premium packaging. Equipped with real-time market pricing, customers can view live rate updates at the point of purchase.

Security has been a top priority: the machines feature biometric authentication, live CCTV surveillance, backend tracking, and robust anti-tampering technology. Purchases can be completed in under three minutes using a variety of payment options, including UPI, Google Pay, and debit/credit cards. A digital and printed receipt is provided instantly, making the process seamless — simply select, pay, collect, and go. This seamless process allows customers to take spot possession of gold and silver coins, making the purchasing experience truly worthwhile

Aspect Bullion’s vending machine rollout marks a significant shift toward a modern, tech-enabled future for bullion retail in India — while staying true to the tradition and trust that gold embodies.

Continue Reading

National News

Gold prices in India, international market dip sharply

Published

on

2,309 views

Gold prices in India today fell sharply just two days ahead of the major gold-buying festival, Akshaya Tritiya 2025, which will be celebrated on April 30 (Wednesday). The gold rate in India at the beginning of this week showed signs of weakness, following the global spot gold price trend.
As of Monday, April 28, the 22-carat gold rate in India slipped massively by Rs. 620 per 10 grams to cost Rs. 89,400 per 10 grams. While the 24-carat gold prices today dropped hugely by Rs. 680 and are currently at Rs. 97,530 per 10 grams. Similarly, the 18-carat gold rate today retails at Rs 73,150, which dropped by Rs 510.

Gold rates in India are mirroring international market movements. US Gold prices dropped on Tuesday as softening trade tensions between the U.S. and its trading partners dulled the metal’s safe-haven appeal, while investors awaited U.S. economic data to assess the Federal Reserve’s policy path.Spot gold was down 0.8% at $3,314.65 an ounce, as of 0619 GMT. U.S. gold futures lost 0.7% to $3,324.20.

Continue Reading
Advertisement

Trending

CONTACT US

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

error:
0
Would love your thoughts, please comment.x
()
x