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.

Is it time to go back to gold : RSBL (30/07/2018)
Markets have been more volatile than normal so far this year due to many factors, including geopolitical tensions with North Korea and the Middle East, Italian government upheaval, rampant speculation related to interest rates and the spectre of potential trade wars involving the United States, Canada, China, and European powers as a result of tariffs.

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Gold - Half year analysis : RSBL (25/07/2018)
We are half way through 2018 and we have already seen gold showing some interesting movements. The first half of 2018 has been quite action packed for global financial markets. In US and Asia, most of the growth was captured by tech stocks. Equities experienced a few pullbacks during the first 3 months as geopolitical tensions increased. So far, investors seemed to have shrugged off the escalating trade war rhetoric between the US and many of its trading partners.

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Gold goes weak for this week : RSBL (21/07/2018)
Gold has witnessed a decline in the current week thanks to the strengthening dollar. Gold prices fell on Wednesday and Thursday as the dollar traded higher. The U.S. dollar was performing strong against major rivals on Wednesday, a bullish reflection of upbeat economic outlooks from Federal Reserve Chairman Jerome Powell and the central bank’s Beige Book report.

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A negative environment awaits for gold : RSBL (19/07/2018)
Gold prices fell Friday to their lowest settlement in nearly a year, with the precious metal failing to find safe-haven support from the U.S.-China trade dispute, as the U.S. dollar gained for the week.

old prices were muted on Friday, stuck in a tight trading range, as the dollar extended rally from the previous session when strong U.S. inflation data and trade war concerns boosted demand for the greenback.

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Gold May Regain its Safe Haven Status : RSBL (10/07/2018)
In January, precious metal prices peaked. Since then they have fallen substantially by 9% (gold prices). In recent weeks, the sell-off has accelerated. There are several reasons for this price weakness. Trade War - a looming trade war between the US and China has weighed on prices, especially cyclical precious metals such as platinum and palladium.

US Dollar - Rising U.S. Fed rates and rising real interest rates – up 20% from the start of the year as measured by 10-year bonds — are supporting the dollar. While the dollar remains strong, gold is being depressed. To some effect, the metals markets are experiencing the same depressing impact on prices. The recovery of the US dollar is negative for all precious metal prices.

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Strengthening Dollar May Pull Down Gold Prices : RSBL (05/07/2018)
Gold closed the second quarter around the low for the year as the widening tariff disputes boosted the dollar. Currently in the short run, many factors are negative for gold: the strong dollar, monetary tightening and the easing of tensions with North Korea. Gold prices traded in a narrow range on Thursday, after hitting a one-week high on Tuesday, amid an easing dollar and as the markets awaited minutes from the U.S. Federal Reserve’s June policy meeting.

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Dollar gains safe haven appeal : RSBL (03/07/2018)
With the first half of 2018 now drawn to a close, much of the financial medias’ headlines and commentary relating to the gold market has been focusing on the fact that the US dollar gold price has moved lower year-to-date. Specifically, from a US dollar price of $1302.50 at close on 31 December 2017, the price of gold in US dollar terms has slipped by approximately 3.8% over the last six months to around $1252.50, a drop of US $50.

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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.