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.
Too Much Noise In The Market (28/12/2014)
By the time you read my next article we will be in the next year. So let’s have a brief outlook on how 2014 was for gold.
But before we begin an in-depth analysis of the same let’s have a quick glance through the soft quite week that passed.
Markets were generally quiet overnight on this Christmas Eve day. U.S. markets closed early and many traders and investors had checked out for the week, if not for the rest of the year.
Due to thin trading volumes gold did not show much volatility in the market. It gained one percent on Friday as the dollar slipped against a second straight weekly drop, underscoring the bearishness in the market.

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Fed's "Considerable Time" Creates "Considerable" Impact On Gold (22/12/2014)
Once the Federal Reserve statement was out on December 17, gold fell considerably to a two week low.
The Fed removed the phrase ‘considerable time’ from the guidance statement and replaced it with patience, but then said patience is consistent with considerable time.
So it was rather a confusing but disappointing statement for gold.

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Is it a downside or an upside potential for gold (15/12/2014)
Overall, it was a decent week for gold. It was a swing for gold that swayed between the bullish and bearish trends. Since Nov. 7, the metal has climbed 9 percent from a four-year low.
Gold edged lower on Friday as some buyers cashed in recent gains, but the metal had its biggest weekly rise in two months as the dollar retreated and sliding oil prices hurt risk appetite.

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Appetite for Gold Declined (07/12/2014)
In the past few weeks we have seen volatility in gold but then it has settled back on the lower trading range. With fall in gold holdings in the SDPR gold trust we have seen investors interest weakening in the yellow metal.
Apart from the SDPR, the dollar has also played a crucial role in influencing gold prices and it will continue to do so in the coming months.

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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.