The Border Security Force (BSF) claims to have arrested a cross-border smuggler in the North 24-Parganas district of West Bengal on Saturday with silver ornaments weighing 8.5 kg.
The seizure was made in the wee hours of Friday on a tip-off.
It said that the gold prices are up 28% in USD till November-end.
Delhi customs have seized about 440 grams of gold from three passengers at the Indira Gandhi International Airport.
As the prices of gold and silver continue to rise amid geo-political tensions, ace global investor Jim Rogers has an advice for people: stay invested in precious metals and nothing can teach us better about bullion than Indian women.
The dollar index, which gauges the greenback's strength against a basket of six currencies.
Bull run continues in the bullion market amid high uncertainty and with the likelihood of new coronavirus cases not declining…
The centuries old gold market of the city has seen a drastic fall in sales during the past few months. Even after the reopening of shops, the gold traders have not seen a day with good income.
Besides the gold and silver reserves, these temples have around Rs 400 crore in cash and banks as fixed deposits.
The industry has been hoping that the import duty on gold would be slashed from 12.5 per cent to 4 per cent in this year’s budget which would have brought much relief to the sector which has been reeling due to liquidity crunch.
