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In the international market, gold was trading in the green at USD 1,869 per ounce, while silver was trading flat at USD 28.48 per ounce.
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The surge in gold imports pushed India's trade deficit to $15.1 billion in April 2021 as against $6.76 billion a year ago.
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In the previous trade, the precious metal had closed at Rs 47,273 per 10 gram.
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In the international market, gold was quoting lower at USD 1,769 per ounce and silver was flat at USD 26.02 per ounce.
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The Indian rupee slumped 52 paise to 74.87 against the US dollar in opening trade on Monday.
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Silver imports during the last fiscal, however, dipped by 71 per cent to about USD 791 million.
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In the previous trade, the precious metal had closed at Rs 46,127 per 10 gram.
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In the international market, both gold and silver were trading flat at USD 1,738 per ounce and USD 25.53 per ounce, respectively.
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The May contract of silver on the MCX was trading at Rs 66,170 per kg, lower by Rs 1,357 or 2.01 per cent from its previous close.
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B Shankar, Inspector working at the main police control room won gold and silver medals in two different categories in the Telangana State Open Shooting competition
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The Indian rupee jumped 20 paise to trade at 72.71 against the US dollar in opening deals on Friday.
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The precious metal had closed at Rs 46,313 per 10 grams on Wednesday.
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According to the report, the erstwhile duty structure gave incentives for gold smuggling into India.
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The customs duty on gold and silver was reduced to 7.5 per cent.
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The precious yellow metal had closed at Rs 49,124 per 10 gm in the previous session.
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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.
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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.
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Police said the thieves broke the locks and entered the four houses and stole ornaments and cash
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In the international market, gold declined to USD 1,835 per ounce and silver was flat at USD 23.84 per ounce.
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The yellow metal had closed at Rs 50,610 per 10 gram in the previous trade.
