54 kg of gold worth Rs 41 crore, Rs 10 crore in cash seized from abandoned vehicle in MP
The seizure was made in the wee hours of Friday on a tip-off.
The yellow metal contracts for the December delivery, however, traded lower by Rs 17, or 0.04 per cent, to Rs 39,570 per 10 gram in a business turnover of 172.
Gold prices rose 0.07 per cent to Rs 39,115 per 10 gram in futures trade on Tuesday as speculators widened their bets, tracking a firm trend overseas.
On the Multi Commodity Exchange, gold for delivery for October contracts traded higher by Rs 28, or 0.07 per cent, to Rs 39,115 per 10 gram in a business turnover of 3,690 lots.
Advertisement
The yellow metal contracts for the December delivery, however, traded lower by Rs 17, or 0.04 per cent, to Rs 39,570 per 10 gram in a business turnover of 172.
Advertisement
Analysts said the rise in gold prices was mostly on the back of fresh positions built up by the participants taking positive cues from global markets.
Globally, gold prices rose 0.39 per cent at USD 1,535.40 an ounce in New York.
Advertisement