"gold"

The gold concealed in the form of paste was recovered during checking from the passenger who had arrived from Dubai.

The issue price of the Bond during the subscription period shall be Rs 4,662 per gram.

Pranay leaped to a height of 1.91 metres to top the honours with Shashank B Acharya (Karnataka) and Mohd Muhassin (Kerala) coming second and third respectively

The precious metal had closed at Rs 46,313 per 10 grams on Wednesday.

It was during routine checking that the passenger was caught smuggling six gold biscuits weighing about 1867.600 grams concealed in his luggage.

On the Multi Commodity Exchange, gold prices for the April delivery slipped by Rs 11, or 0.02 per cent

According to the report, the erstwhile duty structure gave incentives for gold smuggling into India.

The customs duty on gold and silver was reduced to 7.5 per cent.

Total jewellery demand in India for 2020 was down by 42 per cent at 315.9 tonnes as compared to 544.6 tonnes in 2019. The value of jewellery demand in 2020 was Rs 1,33,260 crores, down by 22 per cent from 2019

The precious yellow metal had closed at Rs 49,124 per 10 gm in the previous session.

Currently, the February contract of gold on the MCX is trading at Rs 49,109 per 10 gram, higher by Rs 142 or 0.29 per cent from its previous close.

The February contract of gold on the MCX is currently trading at Rs 50,318 per 10 gram, higher by Rs 245 or 0.49 per cent from its previous close.

The issue price of the bond in the scheme which opens on December 28 is Rs 5,000 per gram.

Speaking on the occasion, Akhilesh Agarwal, founder and CEO, Dru Gold said, “We at Dru Gold understand how to unlock the value from jewellery and ornaments of gold and deploy cash to empower our customers to prosper in many ways.”

On the Multi Commodity Exchange, gold prices for February delivery declined Rs 214, or 0.42 per cent, to Rs 50,202 per 10 gram in a business turnover of 11,011 lots.

This will support the GOI’s 'Atmanirbhar Bharat Abhiyan' initiative and extending commitment towards mineral security for the nation.

The decline in gold and silver imports has helped in narrowing the country's trade deficit, difference between imports and exports, to $42 billion during April-November 2020-21 as against $113.42 billion in the year-ago period.

Police said the thieves broke the locks and entered the four houses and stole ornaments and cash

"The gold (in form of articles) belonged to the Bhuj Customs division and was kept at the Jamnagar office after the 2001 earthquake."

In the international market, gold declined to USD 1,835 per ounce and silver was flat at USD 23.84 per ounce.