The World Gold Council on Wednesday said the global gold demand swelled about 5% in the third quarter, setting a record for the period and lifting consumption above USD 100 billion for the first time.
Gold held domestically surged more than 102 tonnes between April and September this year to 510.46 metric tonnes, against 408 metric tonnes at the end of March.
Dhanteras is considered the ideal day to make large monetary acquisitions and people purchase gold or silver as a ritual. Find out why.
The customs on Wednesday detained two passengers travelling on Turkmenistan Airlines from Turkmenistan to Delhi for carrying gold weighing 538 gm and other undocumented items.
Meanwhile, the BSF foiled a gold smuggling attempt and arrested a farmer with 1.2 kg of gold worth Rs 86,00,471 at the India-Bangladesh border.
Both the passengers were produced before a Delhi court which remanded them to fourteen days judicial custody after the customs officials told the court that the accused were not required for further investigation.
The gold deposits have been found in different locations in Deogarh, Mayurbhanj and Keonjhar districts Steel, Steel and Mines Minister Prafulla Mallik told the Assembly on Monday.
The two persons, hailing from Manipur, were travelling to Delhi, the GRP said.
Two Delhi Police personnel allegedly extorted gold worth Rs 50 lakh from two businessmen who had arrived at the Indira Gandhi International (IGI) Airport from Muscat and Qatar.
The temple's gold deposits in banks have increased from 7.3 tonnes in 2019 to 10.25 tonnes in 2022.
