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.
The gold was seized in three separate cases, Customs officials said.
The 29 people arraigned as accused include those who were directly involved in carrying gold, those who bought it and those who acted as agents.
Reports of freezing Afghanistan's bank assets by the US as well as a halt of funds by the World Bank and the International Monetary Fund (IMF) have fueled concerns among Afghans.
Jain also said that the protesting jewellers will make a representation to district collectors against the gold hallmarking rules.
The forex kitty declined by USD 2.10 billion to USD 619.365 billion for the week to August 13 due to a fall in the core currency assets and gold
