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.
Debt Ceiling or Death Ceiling for Gold? - (28/09/2013)
Gold prices seemed to be in a wavy mood all this week. With prices gaining momentum on Tuesday and Wednesday and then falling back on Thursday and picking up on Friday again. Let's take a look at the weekly movement of gold prices.
Monday - On Monday, gold and silver slightly declined. Their decline coincided with the downfall of other commodities such as crude oil.

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Final Surprise or More to go!! - (21/09/2013)
So finally.....the much awaited and the most discussed meeting was held this week. The FOMC meet began on 18th September and was over by the 19th. All expectations, rumours, speculations and predictions were finally put to a halt.
Everything was going red for the yellow metal until Wednesday. On Wednesday gold jumped 4.1 per cent (the highest in 15 months).

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Are they really precious? - (14/09/2013)
This week a lot has happened with precious metals and in the coming week too a lot is bound to happen with gold, silver and platinum
The bears are in the driving seat in Gold. Gold prices shed 5.6 percent for the week. Gold fell to a five-week low on Friday at $1,304.56, heading for its worst week in more than two months.
For the first time in a month silver traded below $22. It suffered a huge sell off on Thursday. Silver prices fell 5.32 per cent on Thursday, closing at $21.90.

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Gold was pulled between two major forces- Syrian attack and QE tapering - (09/09/2013)
Gold prices started weaker in Friday’s North American session, but reversed course and rose 1.5% following a lower-than-expected U.S. nonfarm payrolls report that increased confusions over when the Federal Reserve will start paring back its massive bind buying.
The U.S. Bureau of Labor Statistics said that 169,000 jobs were created in August and the unemployment rate fell one basis point to 7.3%. That’s under the 170,000 to 180,000 expected.

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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.