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 expected in gold in near future : RSBL (30/10/2017)
Firstly, wishing everyone a very Happy Diwali and a Prosperous year ahead. And indeed it was a Happy Diwali for domestic jewellers, as the slump in gold demand had finally gained momentum this October.

Demand for gold jumped in India this week on account of Dhanteras and Diwali, but high prices took some sheen off the yellow metal's lure during the key festival period this year.

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Gold Expected to Drift Lower by Year End : RSBL (24/10/2017)
Firstly, wishing everyone a very Happy Diwali and a Prosperous year ahead. And indeed it was a Happy Diwali for domestic jewellers, as the slump in gold demand had finally gained momentum this October.

Demand for gold jumped in India this week on account of Dhanteras and Diwali, but high prices took some sheen off the yellow metal's lure during the key festival period this year.

Continue reading by clicking on http://riddisiddhibullionsltd.blogspot.in
Importance of Dhanteras : RSBL (13/10/2017)
This October calls for festive celebration as it welcome Diwali and Dhanteras. The festival of lights is preceded with Dhanteras when people throng markets to buy gold items and utensils for daily utility. But have you ever wondered why?

Today, let's get to know why Dhanteras remains the much-awaited festival among Indians and also possibly the best one for purchasing gold after Akshaya Tritiya. Dhanteras happens to fall on the first day of the five-day-long Diwali festivity. Interestingly, the festival also goes by the name 'Dhanatrayodashi' or 'Dhanvantari Trayodashi'. The word 'Dhan' means wealth and 'Trayodashi' means 13th day as per Hindu calendar. Dhanteras usually falls on a day or two before Lakshmi Puja during Diwali.

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Gold Prices May Surge : RSBL (09/10/2017)
Gold was once again seeing pulled and pushed by various factors doing rounds in the market. Where one side gold was seen consolidating by a strong dollar price on Wednesday, on the other hand on Friday it once again picked momentum over the North Korean crisis.

Gold prices fell for the fourth consecutive week with the precious metal down nearly 0.5% to trade at 1271 ahead of the New York close on Friday. The losses come amid what seems to be an unstoppable rally in broader risk assets with the major U.S. equity indices up more than 1% on the week.

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September proves to be the worst month of 2017 for gold so far : RSBL (06/10/2017)
September was an action-packed month, with North Korean rockets and a succession of monster hurricanes all coming at the markets almost at the same time. Not forgetting the comments coming out from the Federal Reserve that contributed to thefrenzy by giving a clear signal of a December rate hike. In the process, it perhaps single-handedly helped the dollar index recover from a three-year low hit earlier in the month.

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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.