The woman identified as Vijay Laxmi, who works as a cabin crew member in an airline, said that when she came to meet the accused in Delhi, he fled away with her gold jewellery worth Rs 18 lakhs, Rs 15,000 cash and even withdrew Rs 58,000 from her ATM cards.
In the previous trade, the yellow metal had finished at Rs 60,850 per 10 grams.
The compulsory hallmarking of gold bullion is not going to become mandatory from July 1 as the Centre has only begun consultations with stakeholders.
If someone bought gold last Akshaya Tritiya, which was an opportune time, gold has given returns up to 15 per cent since then.
Gold June futures contracts at MCX were trading down by 0.10 per cent at Rs 60,895 per 10 grams by noon.
The people of Nandupala village under Khaprakhol block had a surprise of their lifetime when they on Friday found that a bore well near Harishankar was dispensing water mixed with gold particles.
Steel and Mines Minister Prafulla Mallik informed in the House that Dimirimunda, Kushakala, Gotipur, and Gopur in Keonjhar district; Joshipur, Suriaguda, Ruansila, Dhushura hill in Mayurbhanj district and Adas area in Deogarh district have gold deposits.
Gold and share markets have an inverse relationship. If the share market shows a nose-diving trend, the gold price shoots upward, and vice-versa.
One can hold investments in gold in multiple forms like gold ETFs, physical gold, digital gold, coins, etc.
FIR has been registered against a total of 11 accused including the goldsmith who had purportedly arranged fake purity certificates for the gold. However, only seven accused have been arrested so far.
India is the second-highest gold consumer in the world after China. This shimmering financial asset also acts as a hedge against inflation and deflation. Today, people invest in gold in multiple ways like gold ETFs, Gold Mutual Funds, purchasing jewellery, etc. Here, you’ll learn the differences between gold ETFs and Gold Mutual Funds.
For 23-carat, the price of 10 gram of yellow metal reached Rs 50,400 while the rate of 22-carat gold reached Rs 48,300.
For 23-carat, the price of 10 gram of yellow metal reached Rs 50,300 while the rate of 22-carat gold reached Rs 48,200.
Factors such as state taxes, excise duty, and making charges lead to changes in the price of gold in India
For 23-carat, the price of 10 grams of yellow metal reached Rs 49,800 while the rate of 22-carat gold reached Rs 47,700 respectively.
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