Five persons were arrested for allegedly stealing 199 gold coins they found while demolishing a house in Bilimora in Gujarat's Navsari district, a police official said on Monday. The coins have the image of King George V engraved on them and the house, on Bazaar Street, belongs to NRI Hawaben Balia, who currently resides in Leicester in the United Kingdom, he said. Balia filed a complaint against contractor Sarfaraz Karadiya, who was hired to raze the house, and four labourers hailing from Alirajpur in neighbouring Madhya Pradesh who carried out the demolition, the official said. "A case of theft of gold coins from a heritage house was registered and five persons were named as accused. There was no clarity on the number of gold coins that had been stolen. The FIR was lodged by Balia on October 21," Navsari Superintendent of Police Sushil Agrawal said. The five accused were charged under Indian Penal Code sections 406 (criminal breach of trust) and 114 (abettor present at spot when
The price of 22-carat gold also fell Rs 150 with the yellow metal selling at Rs 54,950
Those who desire liquidity should opt for a gold ETF having low expense ratio and high volume
Demand for gold jewelry, coins and bars typically peaks in the world's second-biggest consumer over October to December, driven by festivals including Diwali
The UK Chancellor unveiled a new 5-pound commemorative coin
Launched by IBJA, marketed by Rajesh Wadhawan Group, the coin comes with the buyer's face and nickname embossed on it