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 : Critical Week For Gold (29/11/2015)
Recently, gold is being pulled apart by two significant forces. On one side where the escalating tensions in the Middle East are igniting gold prices a December rate hike is pulling them down on the other side.

Off late, there has been some excitement regarding gold as tensions escalate in Middle East. Turkey had downed a Russian Military Jet, accusing violation of air space, which Russia denied.

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RSBL : Gold Fails to Attract Safe Haven Buying (22/11/2015)
The week began with a lot of geo political uncertainty and there rising tensions were expected to ignite gold prices.

But geopolitical tensions took more of a backseat, with the minutes from the FOMC’s latest policy meeting set to be scrutinized later in the week for clues on the timing of a rate rises in the US.

The gold price had risen to a one-week high on Monday following Friday’s terrorist attacks in Paris, which fuelled safe-haven demand.

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RSBL : Interest Rate Hike To Happen Soon? (09/11/2015)
The downtrend in gold continues, with the metal charting its seventh straight session loss and expectations for the same trend continue for the coming week.

The gold price was steady on Friday morning, making time ahead of the much-awaited US non-farm payrolls data, set for release later in the day.

Gold was confined to a narrow trading range, before the release of the monthly US jobs report.

Once the report was out, gold prices plummeted as the market continued its recent downtrend.

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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.