The primary purpose of this blog (Prithviraj Kothari 's view on Bullion Markets - MD, RSBL (RiddiSiddhi Bullions Ltd.)) is to educate the masses of the current happenings in the Bullion world.
It's Syria v/s Global Economy for gold - (31/08/2013)
Gold prices rallied above $1,430 an ounce to 3-1/2 month highs on Wednesday as rising tensions over Syria sparked safe-haven demand and a scramble among investors to cut their bets on falling prices
The metal hit a peak of $1,433.31 an ounce, its highest since May 14, as the United States and its allies geared up for a probable military strike against Syria in response to an apparent gas attack that killed hundreds of civilians in a rebel-held suburbs of Damascus.

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Will Gold Cross The $1400 Mark? - (26/08/2013)
Is something wrong with market? Yes that's exactly what traders and investors were discussing. Gold has just touched $1400 which was once seen an untrue level after the fall. Will it be able to cross it and reach new highs is what the below given factors can forecast.

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Precious Metals on The Run - (17/08/09)
Gold, Silver and Platinum all of them have found a new life after they broke their technical resistances, strongly.
Gold rose nearly 1 percent to a two-month high on Friday, and bullion posted its biggest weekly gain of almost 5% in many weeks.

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DOLLAR MAKES GOLD LOOK ATTRACTIVE! - (09/08/2013)
Yes indeed, dollars helped in making gold look attractive.
This week gold prices benefited from the U.S. dollar's fall to a seven week low against a basket of currencies. Broad USD weakness was the theme of the day yesterday; leaving most of the people puzzled about the negative performance of late and forced some to rethink on their long positions.

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Waves of disappointment for the market - (03/08/2013)
As we discussed last week that this week had a bundle of surprises for gold of which the US employment data was the biggest surprise. There were mixed sentiments in the market post the data release. Investors believed that the jobless claims would be much high compared to June.
Moreover Fed Chairman Bernanke's statement over the stimulus plan created even further confusion.

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This blog contains my opinion, which is not to be construed as investment advices. Information provided in these blogs is intended solely for informative purposes and is obtained from sources believed to be reliable.