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.

Think Postive : RSBL (08/10/2018)
Whenever gold tries to move up, the market starts doubting its behaviour. The gold price did manage to end the past week above $1200 mark. Gold prices rose on Friday following a monthly U.S. employment report falling to its lowest level in a year.

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Drivers for Gold : RSBL (06/10/2018)
The past few trading days have seen the gold price hovering above and below the $1,200 mark in the light of a stronger dollar and a lack of Chinese data due to the nation’s Golden Week holiday this week. Every time the gold price has nosed above $1,200 it has been taken down a few dollars again.

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Gold might take time to recover : RSBL (03/10/2018)
Last week, the Fed had indicated that it will pursue a tighter monetary policy. This prompted the dollar to strengthen; and it’s after effect was seen on gold. Immediately gold prices dipped. The Fed raised U.S. interest rates last week and said it planned four more increases by the end of 2019 and another in 2020, amid steady economic growth and a strong job market.

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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.