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 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.
According to Delhi Customs, on the basis of intelligence developed by the Air Intelligence Unit (AIU), a passenger arriving from Jeddah (Saudi Arabia) to Delhi via Kuwait was intercepted after crossing the Green Channel of Customs.
Nearly 30 per cent of 70 central banks surveyed have said they plan to add to their own gold reserves within the next year, a World Gold Council survey said.
The relay quartet stopped the clock at 3:14.12 in Bangkok to marginally better the previous national mark of 3:14.34, set by Ajmal, Vithya Ramraj, Rajesh Ramesh and Subha to win a bronze medal at the Asian Games in Hangzhou last year.
Gold reserves held domestically in India surged 40 per cent in the last 5 years, data from the Reserve Bank of India (RBI) said.
The production of gold from Indian mines surged by 86 per cent in February this year to 255 kg while that of copper increased by 28.7 per cent to 11,000 tonnes, according to data released by the Ministry of Mines on Thursday.
Gold futures, maturing on June 5, 2024, stood at Rs 72,813 per 10 grams on the MCX, up Rs 536 or 0.74 per cent from the previous day’s close of Rs 72,277.
