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 ADOPT GOLD OR ABANDON IT?? - (30/03/2013)
Gold and silver showed mixed sentiments last week and continued to make wave like movements despite many news that did the rounds in the previous week. Mixed movements in the forex market could have resulted in the mixed movements witnessed in the commodities market so far.

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CYPRUS GIVES GOLD A HELPING HAND - (23/03/2013)
Gold traded near a 3-1/2-week high on Friday, underpinned by safe-haven demand on the fear of a potential financial meltdown in Cyprus, which has put bullion on track for its biggest weekly rise in four months.
The clock is ticking for Cyprus to come up with a solution to clinch an international bailout; otherwise it could face the collapse of its financial system and likely exit from the euro zone

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0.1% VAT INCREASE ON PRECIOUS METALS - (20/03/2013)
The Maharashtra government will raise the value added tax on gold, silver, other precious metals, diamonds, and jewellery to 1.1% from 1.0% earlier, State Finance Minister Ajit Pawar said today in his budget for 2013-14 (Apr-Mar).
The government is planning to implement GST and LBT by the end of this year.

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INVESTORS BEING LOYAL TO GOLD - (17/03/2013)
Gold was set for the first back to back weekly advance since January, as investors weighed prospects for more stimulus against improving U.S. economic data. Silver, platinum and palladium headed for weekly losses.
Gold and silver moved away from the weekly gain and slightly declined on Wednesday.

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IS THE GOLD CYCLE ABOUT TO TURN??? - (09/03/2013)
As the US economy recovers and the investment holdings collapse, the cycle for gold is probably expected to turn. Gold is caught between conflicting signals neighbouring the prospects for continued central bank monetary accommodation.
Gold traded in a narrow range and hovered around $1,575 an ounce on Wednesday, evoking little interest from investors who switched to riskier assets as confidence in the global economy grew.

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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.