October 27th – 29th, 2026 | Dubai Exhibition Centre
About Us
A Legacy in Gold, A Leap into Diamonds
Augmont has been at the heart of India's gold ecosystem empowering jewellers, retailers, and customers with a fully integrated, technology-driven platform. Today, more than 4.5K jewellers trust our SPOT platform for sourcing gold, and we've built that trust through reliability, transparency, and innovation.
Our journey has always been about more than just gold; it's about making sourcing seamless, providing peace of mind, and supporting businesses every step of the way. We take pride in being a partner that understands the challenges jewelers face and offering solutions that simplify operations while building lasting relationships.
Now, we're bringing that same passion, trust, and expertise to best lab created diamonds.
As this industry evolves, many still struggle with fluctuating prices, inconsistent deliveries, and lack of clarity. Augmont is here to change that. We're committed to creating a platform where sourcing best lab diamonds is as effortless, transparent, and reliable as it should be helping businesses grow with confidence. At Augmont, we don't just offer products; we offer partnerships built on integrity, innovation, and shared success.
What makes us different?
Never turn away an in-store customer for lack of inventory again. Our virtual diamond presentation tool empowers brick-and-mortar jewelers to showcase and sell any stone in our global inventory on the spot.
What Is Augmont SPOT?
Spot Precious-metals Online Trading (AUGMONT SPOT) is arguably the nation's most successful over the counter physical bullion delivery system which enables tax registered jewelers/dealers to buy physical gold and silver bars at live prices on a click. Customers can also sell the bars back to AUGMONT SPOT provided they do not leave the security agency vaults. AUGMONT SPOT enables price revelation for all stakeholders including retailers empowering them to avail the following advantages:
AUGMONT SPOT enables price revelation for all stakeholders including retailers empowering them to avail the following advantages:
- Have access to the right price at any time*
- Hedge market price volatility risks by converting orders into physical purchase immediately
- Better inventory plan by facilitating manufacturing of small bar purchases. AUGMONT SPOT has been a solid platform for jewelers who have bestowed their trusts in its mechanism of trade, delivery, logistics and pricing since 2008. The trade has benefitted utmost with the onset of Bullion Terminal.
- Exceptional transparency has led to the removal of price ambiguities thereby providing clarity to retailers and end customers from not being deceived.
- Professional approach of AUGMONT SPOT has removed the otherwise traditional multi-layered broker model and hence reducing multiple middlemen, bankruptcy & costs
- It has put India on the global map with an advanced trading platform for an otherwise conventional industry instrumenting a systematic approach towards buying and selling physical bullion.
Essentially, AUGMONT SPOT has replaced the traditional system with an electronic elevation and fortunately customers do not have to pay additional brokerage or delivery charges for using this platform. Thousands of jewelers today use AUGMONT SPOT services on a daily basis and take deliveries across India through major delivery centers.
The bullion market enforces technological innovation to drive growth. Previously innumerable challenges were a hindrance for operation of its swift mechanism that are mentioned below:
- Fragmented markets and multiple level of intermediates/brokers
- No consensus upon authentic benchmark price
- Unable to monitor international price volatility
- Enormous Communication gap among retailers, wholesalers, investors and banks
- Monopoly of traders and limited transparency in pricing
- Frequent disputes and defaults
- Legal hurdles in the bullion movement.
- Only a meager percentage of futures contract converted into physical delivery
- Unavailability of electronic SPOT trading system for cash-future arbitrage and better price discovery
Consequently, AUGMONT SPOT has been launched to inculcate price transparency in bullion market thereby setting benchmark rates with strong usage of information technology and promoting physical movement of gold and silver in the Indian bullion market in the process of benefitting jewelers from the unorganized sector making the business more national than regional.
Certified by the World's Most Trusted Institutes
GIA
IGIMeet The Team
Founder, Augmont Lab-Grown Diamonds
Aarav Bafna is the founder and the architect behind India's first dedicated trading platform for certified and non-certified lab-grown diamonds. With a strong technical foundation and a forward-thinking approach, Aarav has completed a certification in Machine Learning from Stanford University, further strengthening his expertise in building intelligent, scalable systems.
With a sharp focus on transparency and technology, Aarav transformed a bold vision into a secure, seamless, and efficient B2B sourcing solution. He oversees platform architecture, pricing strategy, and ongoing innovation driving Augmont's mission to empower retailers, manufacturers, and exporters with a trustworthy and tech-enabled diamond procurement experience.
Director, Augmont
A visionary in gold, finance, and fintech, Ketan brings over two decades of industry-shaping experience. He has pioneered platforms like India's first digital gold ecosystem and the world's largest SPOT bullion OTC platform. A double major from Nottingham with executive education from MIT and Harvard, he's been recognized by BusinessWorld's 40 under 40 and the Time Group's Precious ICON. At Augmont, Ketan drives innovation across the entire gold lifecycle now extending his sustainability vision to best lab-grown diamonds.
Director, Augmont & Arvog
A third-generation entrepreneur, Priyank Kothari brings a unique blend of legacy and innovation to Augmont. With a deep-rooted understanding of the gold industry and a tech-forward mindset, he has played a key role in transforming Augmont into one of India's leading gold refiners and expanding its digital and physical footprint across the country.
As Director of both Augmont and Arvog, a diversified finance and investment company, Priyank is committed to building future-ready platforms. At Augmont Lab-Grown Diamonds, he brings this same energy and vision, bridging generations through technology, trust, and transparent sourcing.
Under his leadership, Augmont continues to evolve serving over 7,000 jewellers, managing 2 refineries, and driving innovation across the precious metals and diamond ecosystems.
Find answers to common questions about sourcing, pricing, delivery, buyback, and platform access.