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.

$1375 an ounce - A Crucial Mark for gold : RSBL (29/01/2018)
This past week will be remembered for the cracks it revealed in the global monetary and trade building. At the Davos conference, the expression became unusually vociferous and purposeful with accusations and threats flying in all directions. Contradictory statements being mocked at and investment opportunities being knocked at.

The one thing the brewing currency and trade wars are likely to inspire among the local populace is strong gold and silver demand in both its physical and paper forms. Speculators will be looking to capitalize on currency and market instability while private and institutional investors are likely to step up their hedging strategies.

Continue reading by clicking on http://riddisiddhibullionsltd.blogspot.in
Concerning issue for Gold : RSBL (27/01/2018)
The positive effects of a year end are seen hovering around the yellow metal at the beginning of 2018 too. Gold held a strong finishing in 2017, up by 13.5 percent according to World Gold Council. Gold’s annual gain was the largest since 2010, outperforming all major asset classes other than stocks.

Continue reading by clicking on http://riddisiddhibullionsltd.blogspot.in
Gold - A Store of Value : RSBL (22/01/2018)
Though gold headed for its first weekly drop in six week, it remained in the positive territory - thanks to U.S uncertainties, Bitcoin crisis, ECB hawkish comments to name a few. Spot gold has declined 0.5 per cent so far this week, its worst week since early December.

Spot gold was up 0.4 per cent at $1,332 an ounce by 0659 GMT. On Thursday, it touched its weakest level since Jan. 12 at $1,323.70, having fallen from recent four-month highs.

Continue reading by clicking on http://riddisiddhibullionsltd.blogspot.in
G2018 kicks off a good start for gold : RSBL (16/01/2018)
Recent weeks have shown strong rallies for precious metals and its looks like ass id prices are now consolidating. There may be a pull back in prices over a strengthening U.S dollar, but the rebounds since mid-December show that the sentiments for precious metals, especially gold, has turned more bullish. Once again the yellow metal has found place in an investor’s kitty and these commodities are back in vogue again.

Continue reading by clicking on http://riddisiddhibullionsltd.blogspot.in
Glitter metal gives Bright performance : RSBL (09/01/2018)
2018 has definitely given gold the good launch platform. This year, gold began with its highest opening price for a calendar year. This opening has been its highest in the past 5 years after rising by around 13 per cent last year.

Last year, gold managed to close above $1300 an ounce and has been seen hovering on the range. In the currency year too gold reached its highest level since it opened on Jan 1st.

Continue reading by clicking on http://riddisiddhibullionsltd.blogspot.in
Many competitors for gold in 2018 : RSBL (04/01/2018)
Gold began 2018 on a firm note on Tuesday after prices hit their highest in more than three months, supported by technical factors after breaking above $1,300 an ounce last week.

Spot gold rose 13 percent last year to mark its best annual performance since 2010. A wilting U.S. dollar, political tensions and receding concern over the impact of U.S. interest rate hikes fed the rally.

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.