Augmont Gold
Founded Year
2009About Augmont Gold
Augmont, an India-based bullion market and integrated entity from refining to retailing, has introduced a unique product which enables the retail customers to digitally purchase small quantities of gold and silver (for as low as Re.1) at wholesale prices. The purchased gold and silver is stored in a safe and secured vault on behalf of the customer and is monitored and controlled by an independent trustee. The customers can request for the physical delivery of gold and silver as per their convenience and the same is delivered at their doorstep. The customers can also sell it back to Augmont whenever they want. Augmont is in process to create an ecosystem wherein the gold stored in the vaults can earn additional income against adequate security and offer instant loans against the gold held in the vaults.
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Latest Augmont Gold News
Feb 9, 2023
By Feb 9, 2023 Augmont Gold For All has been recognised by the India Book of Records for creating the thinnest gold coin to date in India. The gold refiner and retailer created a coin which is les then 1 millimetre thick. Augmont Gold For All's 'Sell Old Gold' campaign - Augmont Gold For All- Facebook “Augmont Gold For All has a commitment to innovation, value and service,” said Augmont Gold For All’s director Ketan Kothari, the Gem and Jewellery Export Promotion Council reported on its website. “We are very proud to hold the record for the Thinnest Gold coin. Investing in gold is intertwined with our social and religious traditions. Gold is an investment that presents the dual benefits of risk reduction and wealth creation.” The record breaking coin is made from 24 karat pure hallmarked gold and is as thin as foil paper. The coin has a weight of 100 milligrams and a diameter of 2.2 centimetres. Augmont is also promoting digital gold investment, an investment method which is rising in popularity in India, accelerated by the pandemic and the subsequent boom in jewellery stores embracing e-commerce. Last year, Augmont Gold For All expanded its brick-and-mortar outlets to bolster its presence in cities including Mumbai and Hyderabad to promote its gold investment offerings.
Augmont Gold Frequently Asked Questions (FAQ)
When was Augmont Gold founded?
Augmont Gold was founded in 2009.
Where is Augmont Gold's headquarters?
Augmont Gold's headquarters is located at Bullion House, 115 Tambakatta Lane, Mumbai.
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