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.
The Changing China - (23/02/2014)
Amidst all the chaos that has been happening globally, we all need to take a breath....keep calm...and see what gold is really up to.
The yellow metal dropped to a six month low by the end of 2013 on 31st December, on projection of a global economic recovery. But in 2014, gold showed a remarkable rebounce and touched 1327$ an ounce this week.

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Let's Get Gold - (16/02/2014)
Look in to the past - it was Feb 2013... Look in to the present - it is Feb 2014 - Gold has risen 11 % since the beginning of the year.... Gold has shown some remarkable performances Since Jan-
1) Gold is up over 10 per cent since the 2013 closing lows
2)Gold crossed the $1300 mark for first time in over a year
3) The $1300 mark cross over has made gold reach a three month high in the week
4) this three month high posted its biggest weekly gains since October 2013.

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Is The Golden Egg About to Hatch?? - (08/02/2014)
This week gold was up almost two per cent- giving it the largest weekly gain in five weeks.Initially gold was almost unchanged for the week , until the jobs report was out.Gold did not show much movement while US equities ( as measured by the S&P, were up 0.3 per cent after better manufacturing data earlier this week.
The main sectors that grew during January were in construction, manufacturing, wholesale trade, and mining. The rate of unemployment, however, slipped again to 6.6%. The growth in employment was in line with the natural growth of workforce.

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Pause - Gold price rally! - (01/02/2014)
Gold price rally has taken a pause for the first time this year. Fed’s stimulus cut and Chinese New Year holidays have created a major impact on the yellow metal prices.

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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.