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.

Strengthening Dollar May Pull Down Gold Prices : RSBL (05/07/2018)
In January, precious metal prices peaked. Since then they have fallen substantially by 9% (gold prices). In recent weeks, the sell-off has accelerated. There are several reasons for this price weakness.

Trade War - a looming trade war between the US and China has weighed on prices, especially cyclical precious metals such as platinum and palladium.

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Strengthening Dollar May Pull Down Gold Prices : RSBL (05/07/2018)
Gold closed the second quarter around the low for the year as the widening tariff disputes boosted the dollar. Currently in the short run, many factors are negative for gold: the strong dollar, monetary tightening and the easing of tensions with North Korea. Gold prices traded in a narrow range on Thursday, after hitting a one-week high on Tuesday, amid an easing dollar and as the markets awaited minutes from the U.S. Federal Reserve’s June policy meeting.

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Dollar gains safe haven appeal : RSBL (03/07/2018)
With the first half of 2018 now drawn to a close, much of the financial medias’ headlines and commentary relating to the gold market has been focusing on the fact that the US dollar gold price has moved lower year-to-date. Specifically, from a US dollar price of $1302.50 at close on 31 December 2017, the price of gold in US dollar terms has slipped by approximately 3.8% over the last six months to around $1252.50, a drop of US $50.

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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.