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 : Gold prices Fall after hitting key resistance! (26/05/2015)
Another buying opportunity or it is a one such half hearted rally? A question that is pushing investors away from the precious metals complex. I would do my best to give you an idea by starting a gist of things that took place over the week.

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RSBL : GOLD CONTINUES TO RISE! (17/05/2015)
Overall, it was a good week for gold as prices rallied with a weekly gain of 3.1 percent, following a spate of negative numbers from the US which unsettled investors and weighed on the dollar.
Let’s have a look at the important highlights of the week:
US retail sales on Wednesday at 0.0 percent missed consensus of 0.3 percent while the core figure at 0.1 percent fell short of the expected 0.4 percent gave the yellow metal the impetus to move higher.

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RSBL : Gold Below People's Radar (10/05/2015)
Currently, the gold markets seems to be more like a see saw as it remains directionless amid mixed economic data.
Gold got a little lift from its downward trend. Prices gained 1% for the week as a whole, after revisions to US payrolls data, from March and February, sparked speculation that the Fed could refrain from hiking rates in the immediate future.
The members of the Fed’s policy board are locked in what has become an increasingly public debate on when will be the right time to raise interest rates, which have been near zero since December 2008.

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RSBL : A Volatile Week Waits For Gold (04/05/2015)
The week was interesting for gold especially for gold traders and investors, as they enjoyed the doubts surrounding the dramatic and volatile moves which later kept the market wondering whether the yellow metal will be bullish or bounce back from its high prices.
Last Monday’s price action promised much, promptly reversing the previous Friday’s losses and surging back above the resistance level at $1190 per ounce to close at $1203.20 per ounce. This bullish sentiment continued into Tuesday, albeit on dropping volume with the price action just managing to breach the resistance at $1210 per ounce, thereby giving longer term investors hope this could be the start of some sort of retrieval.

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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.