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.
FED'S POLICY STATMENTS - Predictable I feel? - (25/05/2013)
Why did the financial world react in this manic-depressive way to a statement that was bland and predictable? Why do investors keep gambling vast sums of money in speculations on changes in monetary policy when Bernanke has tried to make crystal clear that significant changes are unlikely, at least until the end of the year? I think no one would have any clue with respect to these questions.

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IS GOLD LOSING ITS SAFE HAVEN APPEAL - (20/05/2013)
Last week started with festivities for India as we celebrated the auspicious day of Akshaya Tritiya on 13th may.
It is considered auspicious to buy gold on this day and hence the demand for gold on this particular day is expected to go up. But this year demand for gold was not as predicted. Whatever demand came in was mainly from retailers because the wholesalers and other bullion dealers had already made their purchases during the gold crash that was witnessed between April 12- April 16.

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DEBATE OVER FED QE MEASURES RAISES CONCERN FOR GOLD - (12/05/2013)
Spot gold fell as low as $1,420.60 an ounce and was last down 1.4 percent at $1,437 an ounce on Friday.
Throughout the week gold seemed consolidated in a narrow range and on Friday the prices slid. A strong USD performance against major currencies, took the wind out of the sails of Gold yesterday.

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Gold on life support - (06/05/2013)
Gold prices climbed up on Thursday and it showed recovery for the first time in 10 months as the metal's inflation-hedge appeal jumped following the ECB rate cut. Adding to this, the hopes of easing measures by the US Federal Reserve continued to boost gold and silver. The price of gold increased by 1.48% to $1,467.6; Silver rose by 3.40% to $23.81. During the week, gold rose by 1.0%; silver, by 0.2%.

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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.