Prithviraj Kothari celebrates Bharat’s legacy

Unveils the Iconic Golden Wheel of Time at Zaveri Bazaar 

In a momentous event that highlighted India’s rich heritage and artistic journey, Prithviraj Kothari, Managing Director of RiddiSiddhi Bullions Limited (RSBL) and the National President of Indian Bullion Jewellers Association (IBJA), inaugurated the Golden Wheel of Time at the historic Zaveri Bazaar. 

This magnificent ring sculpture, meticulously forged from iron and gold, serves as an ode to Bharat’s kaal chakra (wheel of time), symbolizing transformation and resilience through the ages. 

The Golden Wheel of Time stands as a testament to Bharat's enduring legacy and the evolution of its artistry. The union of iron and gold, combined with intricate etchings and diverse textures, narrates a story of transformation from raw to refined splendor. 

The sculpture signifies continuity, bridging the nation’s illustrious past to a gleaming future, and calling on all to rise brighter and stronger as the eternal Sone Ki Chidiya (golden bird) takes flight once again. RSBL takes pride in maintaining this symbol of progress and unity.  

Prithviraj Kothari has stated that, “The Golden Wheel of Time is not just a symbol but a reminder of our shared journey—from our rich past to the promise of a golden future. It embodies the spirit of transformation and resilience that defines Bharat. May it inspire us all to keep moving forward, embracing our legacy while striving for progress?”  

Expressing over the gold outlook on wedding season he said, “As India’s 2024 wedding season approaches, gold prices are expected to be impacted by both local demand and global market dynamics. Traditionally, India’s wedding season drives significant gold purchases, and with an estimated 48 lakh weddings from November to December, demand is forecasted to remain high, potentially keeping prices elevated.  

However, record-high prices in 2024 may temper demand, leading some consumers to seek smaller quantities or alternative investment forms. Discounts and jeweller incentives might help moderate prices, yet global factors like U.S. interest rates could keep prices volatile.”





 

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