Gold
- India
Gold smuggling racket busted in Mumbai, Rs 15 cr yellow metal seized; 11 held
Mumbai: The Directorate of Revenue Intelligence (DRI) has busted a gold smuggling syndicate, seizing the precious metal valued at Rs 15 crore and arresting 11 persons, including the “mastermind”, officials said on…
- Middle East
Kuwait: No more buying gold and jewellery using cash
Kuwait City: Kuwait has prohibited the use of cash in the trade of gold, jewellery and precious metals transactions becoming one of the first Gulf countries to adopt such a measure aimed…
- Middle East
India to auction gold import quotas under UAE trade pact
New Delhi: The government on Wednesday, October 29, said the allocations of tariff rate quota (TRQ) for gold under the free trade agreement between India and the United Arab Emirates (UAE) will…
- Business
Gold drops Rs 3034 to Rs 1.18 lakh per 10 grams
Mumbai: The downward trend in gold prices continued on Tuesday, with rates falling close to Rs 1.18 lakh per 10 grams amid weak global cues and renewed optimism over trade talks between…
- India
Watch: Passenger from Dubai held at Delhi airport with gold hidden in bottle cap
New Delhi: Delhi Customs officials have arrested a passenger arriving from Dubai after seizing 170 grams of gold worth over Rs 21 lakh concealed inside a beverage bottle cap at Indira Gandhi…
- Middle East
‘Dubai Dress’ made of 21-carat gold sets Guinness World Record
Sharjah: Saudi Arabia-based Al Romaizan Gold and Jewellery in Dubai has officially entered the Guinness World Records for creating the world’s most valuable gold dress. The stunning creation, named the “Dubai Dress,”…
- India
India’s forex reserves drop to USD 698 billion
Mumbai: India’s forex reserves dropped by USD 2.176 billion to USD 697.784 billion during the week ended October 10, according to the Reserve Bank data released on Friday. In the previous reporting…
- India
Hike in gold prices sees resurgence of smuggling at Kerala airports
Thiruvananthapuram: After a brief lull, gold smugglers are becoming active again, with smuggling activities ramping up at airports in Kerala. On Sunday, the Customs and Directorate of Revenue Intelligence (DRI) seized smuggled…
- Hyderabad
Hyderabad: Silver surges 16 pc; Gold rates remain steady
Hyderabad: This month, Hyderabad’s silver market witnessed notable fluctuations. On October 1, silver was priced at Rs 1,61,000 per kilogram, rising to Rs 1,87,000 per kilogram by October 11, an increase of…








