Three passengers who are from Uttar Pradesh had arrived at the airport in a flight from Riyadh and had concealed the gold in the form of paste in their shoes
Directorate of Revenue Intelligence officials caught a passenger for allegedly smuggling gold in the Falaknuma Express train and seized 2.3 kilograms of gold from him
The suspect Srinivas, who works as driver with a gold merchant, started from Madhapur with the jewelry containing gold and diamonds, to be delivered to a customer at Mathura Nagar in SR Nagar.
For the past 10 days, the price of gold has been making its way up and on Wednesday, the value of gold notched a six-month high in the Hyderabad market
Officials of the Hyderabad customs department caught a passenger who was smuggling gold at the RGI Airport and seized gold bars weighing 583.11 grams from him.
The 24-carat gold was retailing at Rs 55,580 per 10 grams on Tuesday while 22-carat (10 grams) was Rs 50,950, a sharp increase of Rs 540 and Rs 500, respectively, from the previous day.