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Amaravati: Andhra Pradesh police recovered gold, silver and cash valued at Rs 5 crore from five passengers travelling by a private bus during the early hours of Sunday. While checking a bus in Kurnool district, the personnel of Special Enforcement Bureau (SEB) recovered 8.250 kg gold, 28.5 kg silver and cash from the passengers who […]
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Hyderabad: While traditional investors and old-timers have always been inclined towards investing in gold due to varied reasons, the recent trends show that the yellow metal is losing its sheen among the young and middle-aged investors. Whether it was to showcase their economic status or for its flexibility in terms of buying and selling, gold […]
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Acting on a tip-off, the Customs officials apprehended the passenger and recovered 975.16 grams of gold in paste form which he had concealed in his rectum. The gold was valued at Rs 50.70 lakh.
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Hyderabad: Two auto-rickshaw drivers won accolades for their honesty in the city, with one returning a bag with 10 tolas of gold ornaments, while another returned a wallet that contained Rs 10,000 in cash and crucial documents. Syed Zaker, 34, a resident of Muradnagar, had found a handbag around noon on Monday when he was […]
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Hyderabad: Demand for gold reached 1,147 tonnes in Q4 2021, its highest quarterly level since Q2 2019 and an increase of almost 50 per cent year-on-year, according to the World Gold Council. The World Gold Council’s latest Gold Demand Trends Report revealed that annual demand (excluding OTC markets) has recovered many of the Covid-induced losses […]
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The passenger had arrived by 6E 025 from Dubai on Friday. The officials detected and seized 2,715.800 grams of gold items valued at Rs 1.36 crore from him. Gold chains and gold in paste form were concealed inside hand baggage and check-in baggage.
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Hyderabad: Unidentified persons broke into a house at Vanasthalipuram on Saturday and decamped with gold and silver ornaments. The owner of the house S Pradeep Reddy went out with his family on Saturday afternoon and returned home in the night only to find the lock on the main door broken. The man went inside the […]
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Hyderabad: Within 48 hours of the incident being reported, the Osmania University police cracked a burglary case and arrested one person on Friday. The police also recovered gold and Rs 12 lakh cash, altogether worth Rs 65 lakh intact. The arrested person was identified as M Laxman (29), a painter from MK Nagar in Tarnaka […]
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arious other modes till recently, yet another trick came to light on Wednesday
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New Delhi: With the onset of the festivities, comes various kind of expenditures. While many are for personal consumption, most households also plan key investments during these times be it in real estate, gold or any other form of financial value. Therefore, balancing between ‘wants’ and ‘necessities’ can be a fine line to walk especially […]
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Hyderabad: Thieves broke into a house at Bhavani Colony in Rajendranagar and decamped with 11 tolas of gold ornaments and Rs 1.7 lakh on Monday night. The incident occurred when the house owner Vasantha (60), a retired Agriculture Department employee, locked the house and went to her relative’s house to attend a function. Police said […]
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In 2021, prices of the precious metal have been trading between Rs 47,000 and 49,000 mark per 10 grams.
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According to Somasundaram PR, Regional CEO, India, World Gold Council, the surge in gold demand reflects a combination of low base effect and return of positive trade and consumer sentiments.
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Hyderabad: A gold trader approached the police alleging that his bag that contained nearly 2 kg gold ornaments went missing while travelling in a private bus. According to the police, Gulab Malik (32), a worker at a popular gold shop from Mumbai on Monday boarded a private bus with 2.1 kg gold ornaments, to be […]
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A video of the incident started making rounds on social media on Monday.
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According to Tirumala Tirupati Devasthanams officials, the sword is crafted with 2 kg of gold and 3 kg silver.
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According to the police, the gang targeted crowded jewelry shops in Uppal and Jawaharnagar areas and posing as customers, diverted the attention of the shopkeeper or salesperson and stole ornaments
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Silver also jumped Rs 251 to Rs 69,035 per kg, from Rs 68,784 per kg in the previous trade.
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Gold is a good hedge tool to beat inflation which makes it an essential component in the investment portfolio
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In the international market, both gold and silver were trading flat at USD 1,859 per ounce and USD 27.78 per ounce, respectively.
