Gold price touching the sky – Quote by Mr. Prithviraj Kothari, MD & CEO, RSBL

Gold prices have been on an unstoppable rise, rising from $1800 (Rs 5500 at the beginning of March to above $250/oz (Rs 6180 - a phenomenal gain of more than 12% in the last two months. There are three main elements driving up gold prices: Banking crisis, recession, and de-dollarization issues have surfaced as a result of the March fractures in the banking system. These worries have caused a capital flight from stocks to gold.


Read Press Release-http://businessnewsthisweek.co....m/business/gold-pric

Gold Portfolio Allocation Slows Down

"High interest rates often suppress the price of gold, as other investments become more attractive. However, central bank buying, particularly from developing countries turning away the dollar, has propped up the gold price." is what bullion dealers in India have to say.

Read Blog- https://riddisiddhibullionsltd.....blogspot.com/2023/0