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 Yellow Metal Is All Going Green - (25/01/2014)
In 2008, when the financial crisis rattled economies, investors inevitably resorted to the perceived safety of gold - and its price escalated from $800 to $1900 an ounce. This, in turn, accelerated the exploration for yet more gold.
And gold became the most sought after metal. But in 2013, gold plunged 28 percent, the most since 1981, amid a U.S. equity rally to a record and speculation that the Federal Reserve will scale back monetary stimulus.

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Up Down Up - Gold Price Trend Unclear - (19/01/2014)
So far...so good...it has been a decent start for gold. In the first fortnight of 2014, gold scaled up by 3.7 per cent. As we all know that 2013 has been one of the worst performing years for gold and it was down almost 28 per cent. It even ended a 12 year bull run for gold. All this may sound very repetitive as I have mentioned this time and again in all my articles lately.
But this has cropped up again as at this point where some believe that gold is making a comeback it is very important to know that is actually where gold is headed.

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Gold Rolling Around Payroll - (12/01/2014)
New Year's first full week began with a green note for gold where the weakness on Wall Street widened bullion's rally.
However, Gold fell on Tuesday and Wednesday. An expectation of a positive US jobs data (slated to release on 10th Jan), compelled investors and traders to believe that the Federal Reserve will continue to scale back its monetary stimulus on the pillars of a recovering economy.

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PRECIOUS SWEET REVENGE - WHATS NEXT??
In the first trading week of 2014, gold was seen taking revenge to all those investors who shifted from gold to equities and other assets in 2013. Many claimed that gold has lost its glitter and is no more a return generating asset.
By its performance in the first week of 2014, gold put a lock to many peaking mouths. In fact other precious metals like silver and platinum followed suit , with platinum touching a six-week high and palladium climbing to a three-week high, heading for its biggest weekly gain since October.

Continue reading by clicking on http://www.riddisiddhibullionsltd.blogspot.in/

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.