Tuesday, December 1, 2015

Sparsh - Touch Of Elegance




SPARSH Touch of elegance, the jewellery collection, shall leave you mesmerized with its intricate designs and inimitable craftsmanship.
Back in 1993, when RSBL was established, the only thing on the mind of its founder was customer satisfaction. Today, after two decades, RSBL is known for its bullion products and boasts of a large clientele. With over 2500 clients across India, RSBL is a trustworthy name today and has carved a niche in the market for being a 1st ever consolidated bullion trading company in India.

Mr. Prithviraj Kothari the Bullion Man is not just an ordinary entrepreneur but a visionary who wants to revolutionize the bullion industry. Looking at the current pricing scenario of the diamond jewellery, he felt the need for a brand that is trusted for its transparency and commitment. It is a matter of great pride for him to bring forth a brand that touch you with its sheer elegance and absolute assurance.
Inspired by nature, the collection has pieces that touch your entire being. A touch that is like the first rays of sun, like the wild wind, like the flutter of wings, like the fleeting sand, like flowing water; expressions that are eternal like nature. The collection has pieces tailor made for you and suits your varied moods and styles.
SPARSH also has an exclusive collection designed for special occasions. Celebrate those endearing moments with our exquisite pieces. Be the cynosure of all eyes on your wedding, charm everyone with your ornate jewels on your mehendi or bask in the glory of your inimitable jewels on the reception.
SPARSH jewellery is as inimitable as you and the jewels you buy from SPARSH are uniquely yours for these are designed especially for you.
The collection ranges from precious gemstones like glittering diamonds, deep reddish rubies, green emeralds, and cool blue sapphires to semi-precious stones like peridot, turquoise, topaz, tourmaline and aquamarine.

So, get mesmerized and feel special with SPARSH Touch of elegance jewellery.

Friday, October 16, 2015

Prithviraj Kothari- The Bullion King


Prithviraj Kothari aka bullion king, is a name everyone is aware of in the Gold and Silver Bullion Industry.  Being the MD of RSBL (Riddi Siddhi Bullions Limited), he has played a major role in the development of bullion market. A Commerce graduate from the Mumbai University, he has been in the family business of gold trading for over 27 years. Prithviraj Kothari is the man behind taking RSBL to top 10 unlisted public companies in India in terms of sales turnover as per BS 1000 Annual Magazine and making the bullion markets more organized and efficient. He has been pioneer in introducing the `Instant International price based INR denominated bullion trading in India`. Prithviraj Kothari was the director of BBA (Bombay Bullion Association) in the past but now he is the President of the same and also in the advisory committee of the Multi-Commodity Exchange of India. He was the one who promoted BBA in the international markets and played a crucial role in the introduction of gold ETFs in India. RSBL Spot, the first electronic over the counter bullion trading system of India, was launched by RSBL under his vision.

 Mr. Prithviraj Kothari was one of the founding members and directors of the Jain International Trade Organisation and was also awarded the prestigious Jain Ratna award by the then President of India, Smt. PratibhaDevi Patil on 13th March, 2012 for the contribution towards the well being and upbringing of the Jain fraternity. As visible, he is really not an ordinary Bullion Man or a dealer.  In his own words, “I want to take RSBL Brand internationally where people ask for RSBL, want to know about the company and trade with trust in us.”

Prithviraj Kothari is truly known as the “Bullion King”.

Thursday, October 15, 2015

RSBL - AMBIGUITY FOR GOLD



As we all know, lately gold has been majorly influenced by any data released from the Fed regarding its interest rate.
Gold prices dropped in Asia on Thursday as China markets returned from holidays and investors stake positions ahead of Fed minutes later in the day.Trading activity had become more muted as the September Federal Open Market Committee (FOMC) meeting minutes approached. 
Investors awaited the release of the minutes from the Fed's September meeting on Thursday for further hints on whether the U.S. central bank could raise short-term interest rates before the end of the year.
A combination of a weakening US economy and sowing down Chinese one, led to a delay in the rate hike expectation.Now majority of the market players believe that rate hike won’t come in before March 2016.
Gold prices climbed on Friday morning after the release of minutes of the Federal Reserve’s September meeting raised speculation that the US central bank could wait until next year before tightening monetary policy.
Spot gold was last at $1,154/1,154.40 per ounce, up $14.40 on Thursday’s close. Trade has ranged from $1,139.50 to $1,154.60 so far.The shifting expectations are helping to weaken the U.S. dollar and in turn boosting gold prices. Early in Friday’s session, December gold futures ended up hitting their highest prices since late August and are preparing to end with gains of almost 2% for the week. As of 12:40 p.m. EDT, December gold last traded at $1,158.70 an ounce.One of the main reasons, apart from soft data, that has delayed the rate hike is the limo inflation in the US. 
It has prevented the central bank for raising rates from near-zero levels, where they have been since December 2008. The FOMC decision not raise the federal funds rate has led a majority of market participants to look at 2016 for a normalization of US monetary policy.To state the exact month would be quite difficult but it could be around March or June 2016.The Fed has been locked in an intense debate over the timing of a rate hike with sagging inflation impeding a launch-off.Interest rates have been at near-zero levels since December 2008 and haven’t increased since 2006.