National News
Augmont Triumphs at the 10th India International Bullion Summit with Four Prestigious Awards
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.
National News
BIS Introduces The Silver Refinery Certification Scheme; Framework Introduces “India Good Delivery For Silver”
Buyers, Institutional Investors, and Jewelers Are Guaranteed Strict Adherence To Exact Quality, Testing, and Traceability Standards. Silver From Any BIS-Approved Refinery Ensures A Verified Fineness and Purity
The Bureau of Indian Standards (BIS) has officially prioritized the domestic bullion sector by introducing the Silver Refinery Certification Scheme, that involved critical inputs and efforts by IBJA.
Mirroring the long-established certification ecosystem for gold, this framework introduces a structured “India Good Delivery for Silver” standard specifically tailored for silver bars and coins.
Buyers, institutional investors, and jewelers are guaranteed strict adherence to exact quality, testing, and traceability standards. Silver from any BIS-approved refinery ensures a verified fineness and purity.
Surendra Mehta, National Secretary- IBJA, said:
“BIS is introducing the Silver Refinery Certification Scheme, an initiative that involved critical inputs and efforts by IBJA. Mirroring the long-established certification ecosystem for gold, this framework introduces a structured India Good Delivery for Silver. Now, silver from any BIS-approved refinery ensures a verified fineness and purity. This will gradually end the impure silver bar market.”
Market structures have already evolved alongside this rollout. The Multi Commodity Exchange (MCX) aligned its exchange delivery protocols to accept BIS-standard domestic silver, allowing empanelled Indian refiners to fulfill physical delivery contracts directly on the exchange.
By formalizing the local refining of silver (including silver recovered as a by-product of gold dore), this scheme strengthens the domestic precious metals ecosystem in line with Aatmanirbhar Bharat objectives
BIS Introduces The Silver Refinery Certification Scheme; Framework Introduces “India Good Delivery For Silver”
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