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.

Investors stockpile gold : RSBL (30/10/2018)
Gold witnessed a series of events in the past week which ultimately proved fruitful for gold. Gold was highly influenced positively by a series of following key events:
  1. Globally, equities markets plunged down sharply.
  2. Uncertainties over the results of the U.S midterm, elections.....
Continue reading by clicking on http://riddisiddhibullionsltd.blogspot.in
Gold gains acceptance : RSBL (26/10/2018)
Gold has time and again proved its worth. This time gold took long to do so, but it has finally gained acceptance. Once again gold has proved that it is one of those investment assets, that is capable of reducing portfolio risk and boosting returns in times of uncertainty.

Continue reading by clicking on http://riddisiddhibullionsltd.blogspot.in
Gold - once disowned ; now being adopted : RSBL (22/10/2018)
After tentatively stabilizing in September, the gold price staged a $50/oz, rebound in early October, setting up the potential for a further short covering rally. Gold traded higher on Friday and is heading for the third straight weekly increase on the back of a rise of demand due to equity market volatility and a softer dollar. The market opened the day at 1229.70/1230.70. After the open, gold prices traded between a high level of 1230.46/1231.46

Continue reading by clicking on http://riddisiddhibullionsltd.blogspot.in
Appetite for gold Rises : RSBL (18/10/2018)
Gold prices have rebounded 3% this month to $1,225-$1,230/oz as the confluence of asset market unwinds and escalating geopolitical risks have come roaring to the fore. A combination of factors ranging from depressed equity markets, trade disputes, global growth fears and geopolitical tensions have brought gold back into the limelight.

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

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

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

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.