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.

 

 

 

RSBL RECEIVES EPCES EXPORT AWARDS FOR THE BEST SEZ UNIT ( 19/05/2012)
RSBL has received the prestigious EPCES Export Awards for outstanding export performance during the year 2009-10 from the Category-II Product Specific SEZ-Other than MSME in the category Gems & Jewellery.
It was presented by Shri Jyotiraditya M. Scindia, Hon’ble Minister of State for Commerce & Industry. It was moment of joy and pride not only for me but for the entire RSBL Family.

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IS GOLD NO MORE A SAFE HAVEN ASSET? (18/05/2012)
Gold finished the session in New York smack bang in the middle of the range (1528-1552), just short of 1540, and it feels as though the market may have got itself caught a little short. After reaching a five month low (the market has fallen 3.40% in the four days prior to yesterday), it rebounded for the first time in 5 trading days on Thursday. The yellow metal continued to push higher in Asia on Thursday, gaining more than $10. Good selling on the futures exchange seemed to cap the market at 1550, but one gets the feeling there are stops lurking above and we may trade higher in the short term.
Bullion has erased the hard-fought gains made this year in a matter of sessions. It tumbled to a four-and-a-half month low on Wednesday to USD 1,527 per ounce. It had hit a record high of USD 1,920.30 per ounce in September last year.

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GOLD IN A BUBBLE STAGE? (3/05/2012)
Gold surged to a high of 29770, quite close to its life time high of 29900.
Internationally gold reached an all time high of 1920$ in September 2011, by Wednesday noon gold reached 1662$ in the international market. Though gold is almost 150$ down from its high, the current rates in rupee terms have almost reached its life time high.

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.