"gold"

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

Fresh positions built up by participants led to the rise in gold prices, analysts said.

However, silver declined Rs 300 to Rs 73,700 per kilogram. In the previous trade, silver had settled at Rs 74,000 per kg.

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.

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.

Gold prices recovered from a recent low amid pullbacks in the US dollar and 10-year Treasury yields, Saumil Gandhi, senior analyst of commodities at HDFC Securities, said.

The yellow metal had closed at Rs 58,950 per 10 grams in the previous trade.

On the Multi Commodity Exchange, gold contracts for October delivery traded lower by Rs 94 or 0.16 per cent at Rs 58,189 per 10 grams in a business turnover of 14,708 lots.

The robbers, wearing helmets, arrived on a motorcycle at Shriram Jewellery shop in Samaypur Badli area, where they brandished their firearms and threatened the staff before escaping with their loot.

In the previous trade, the precious metal had finished at Rs 60,050 per 10 grams.

He was taken into custody on arrival from Dubai in the UAE on Tuesday, the NIA spokesperson said.

In the international markets, both gold and silver were trading higher at USD 1,936 per ounce and USD 23.33 per ounce, respectively.

The 68 Battalion of South Bengal Frontier at the border post at Ranghat apprehended a smuggler with a substantial cache of gold.

Gold price on Friday rose Rs 150 to Rs 58,738 per 10 grams in futures trade as speculators created fresh positions on firm spot demand.

In the international markets, both gold and silver were quoting lower at USD 1,906 per ounce and USD 22.55 per ounce, respectively.

According to police, on September 3, Manmohan, a Delhi resident, approached them with a complaint saying he was cheated of Rs 35 lakh by some people who offered to sell him gold a cheap prices.

Gold prices remained flat at Rs 60,000 per 10 grams in the national capital on Tuesday, according to HDFC Securities.

Based on inputs, a Directorate of Revenue Intelligence (DRI) team raided the house, DRI said in a statement on Thursday.

The passenger who arrived from Dubai by an Emirates flight concealed the gold inside a popcorn making machine.

On the Multi Commodity Exchange, gold contracts for October delivery traded lower by Rs 95 or 0.16 per cent to Rs 58,993 per 10 grams in a business turnover of 11,994 lots.