Smuggled gold weighing 3.11 kg and valued at Rs 1.66 crore was seized at the international airport here from 11 passengers, Customs officials said on Friday.
Crude oil bulls look exhausted
The government plans to ask people with unaccounted holdings of the metal to declare it to tax authorities and pay levies, and penalty
Yellow metal closes at Rs 52,801; there are indications of heavy profit-booking in short term
EU lets member nations suspend import duties on medical equipment, Gold continues to surge, Australia posts daily virus record and other pandemic-related news across the globe
Ideally you should sell it to the jeweller you bought the gold from, or a reputable retailer to get a better rate
On MCX, next target for Gold comes around Rs 52,000 where it will see some pullback as it has rallied one way in relative short period of time
Gold is typically the only asset small entrepreneurs have in order to raise funds. Large quantities of the metal may also come in to be sold
The rally, set since March end, has delivered a 39 per cent return to investors as against 14.3 per cent for gold
For the first time in nearly three decades, Russia exported more gold than gas in the second quarter of 2020
Silver up 2.6% to cross Rs 50,000 a kg as safe-haven demand rises
Silver declined by Rs 249 to Rs 50,573 per kg from Rs 50,822 per kg in the previous trade
Burglars wearing personal protective equipment (PPE) kits broke into a jewellery shop in Satara district and walked away with 780 gm gold, police said
In the previous trade, gold had closed at Rs 48,785 per 10 gram
The United States reported more than 55,000 new infections on Thursday, a new daily global record in the pandemic that has infected more than 10.89 million people worldwide
The US non-farm payroll data later in the day could either make gold break the $1,800 level and start fresh momentum on the upside or make the intermediate top
International futures hit $1,800, head towards all-time high
Even as physical demand is absent, investments in paper gold are pushing the price of the yellow metal to record highs
In New Delhi, the price of 22-carat gold is about Rs 47,050 per 10 gram, while price of 24-carat is retailing at Rs 48,250 today
The expansion of base money through household gold will have a negative wealth effect on households, besides attracting a hidden tax or seigniorage