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.

Rally vs Regression for Gold : RSBL (21/11/2017)
It was a decent week for gold as it was up 0.6 per cent on Friday posting a second straight weekly gain. Gold rose on Friday as the dollar softened on uncertainty about the progress of what would be the biggest overhaul of U.S. taxes since the 1980s.

The U.S. House of Representatives approved on Thursday a package of tax cuts, while a Senate panel advanced its version of the legislation that has President Donald Trump’s backing. The dollar weakened against a basket of six major currencies and was set for its biggest weekly loss in more than a month.

Continue reading by clicking on http://riddisiddhibullionsltd.blogspot.in
Negative atmosphere for gold : RSBL (13/11/2017)
Gold prices fell to one week lows on Friday as the dollar gained ground after upbeat U.S. factory orders and service sector data offset the impact of a weaker than expected employment report for October.

Continue reading by clicking on http://riddisiddhibullionsltd.blogspot.in
Gold tracks the U.S Currency : RSBL (10/11/2017)
Bullion moved up on Wednesday as geopolitical tensions between US& North Korea and in the Middle East prompted investors to flock to safer assets. Gold was positive by almost half a percent and tested high in the international markets.

Gold prices edged higher on Thursday, after marking a near three-week high in the previous session, as the dollar eased.

Continue reading by clicking on http://riddisiddhibullionsltd.blogspot.in
Winter demand good for gold but prices likely to fall : RSBL (07/11/2017)
Gold prices were hovering near multi-week highs for most investors outside the US Dollar and Euro on Thursday, as the Bank of England followed the Federal Reserve's widely expected "no change" decision by raising UK rates off an all-time record low as analysts and traders had forecast.

However in Friday, Spot gold was down 0.2 percent at $1,267.01 per Ounce and touched a one-week low of $1,265.16 over positive economic data and central bank decisions.

Continue reading by clicking on http://riddisiddhibullionsltd.blogspot.in
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.