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Spot gold prices (24 carats) in the Delhi markets are trading at Rs 63,320 per 10 grams, up by Rs 350
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The trio had entered into a shop on Wednesday and decamped with gold ornaments at knife point after attacking the shop’s salesman
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On a complaint the police had registered a case and after identifying the offender arrested him
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Earlier in the day, Airport Commissionerate, Mumbai Customs officials seized 6.33 kg of gold worth 3.49 crore from Indian nationals across five different cases at Mumbai Airport, said customs officials.
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The accused were involved in 13 burglary cases under Patancheru and BDL Bhanur police station limits over the last year
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Bhimavaram town police, under the leadership of District SP Ravi Prakash, declared a successful operation resulting in the arrest of ten suspects linked to a significant gold smuggling ring.
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A total of 4 kgs of smuggled gold worth Rs 2.58 crore was recovered from them, he said.
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However, silver climbed Rs 450 to Rs 76,750 per kilogram. It settled at Rs 76,300 per kg in the previous trade.
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Begumpet Store Manager Sanoj said that as a part of the celebrations, the brand is introducing new designs and several offers
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Gold prices are likely to rise further on the back of weak dollar and decline in US treasury yields.
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A total of Rs 684.66 crore, including cash, liquor, gold, silver, drugs, narcotics, freebies, and other valuable items, were reportedly seized to date across Telangana ahead of the Assembly elections on November 30.
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Further investigation is on.
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Recent falls in gold prices has given a confidence to the traders of surpassing the last year’s sales figures.
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During October, Indian stock markets experienced a downturn, with the Nifty 50 index dropping by 2.84 percent, and the mid-cap 150 index leading the decline with a 3.80 percent fall.
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Cash, precious metals, liquor, and other items, worth over Rs 10.35 crore, were seized in Telangana during the last 24 hours, officials said on Sunday.
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Customs officials at the RGI Airport caught two passengers who were attempting to smuggle gold into the country and seized over one kilogram of the gold from them
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Fresh positions built up by participants led to the rise in gold prices, analysts said.
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However, silver declined Rs 300 to Rs 73,700 per kilogram. In the previous trade, silver had settled at Rs 74,000 per kg.
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The price of 22-carat gold also saw a dip, settling at Rs 53,350 per 10 grams. This downturn in gold prices has prompted many residents of Hyderabad to seize the opportunity and invest in the yellow metal before it potentially starts rising again.
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Two large pieces of gold having a purity of 24 karats, weighing 1022 grams and 850 grams respectively valued at Rs 1,08,10,800 were extracted from paste-like materials concealed in shoes and underwear worn by children of a male passenger, a release said.