silver price was trending at Rs 68,950 per kg, according to the Good Returns website.
Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes. In New Delhi, the gold price of 22-carat gold slipped by Rs 200 to Rs 46,700 per 10 gm, while in Chennai it fell by Rs 160 to Rs 45,060. In Mumbai, the rate decreased to Rs 46,900 according to the Good Returns website. The price of 24-carat gold in Chennai also declined to Rs 49,140 per 10 gm. In the international market, Gold edged lower on Thursday as the dollar s recovery from a two-week trough hit in the previous session and a softer US inflation data dampened bullion s appeal.
Gold prices drop to Rs 47,386 per 10 gram as dollar recovers; silver slips by Rs 111 a kg
The gold-silver ratio currently stands at 69.30 to 1, which means the number of silver ounces required to buy one ounce of gold.
Mumbai / February 12, 2021 / 07:00 PM IST
Gold prices fell sharply by Rs 582 to hit Rs 47,386 per 10 gram in the Mumbai retail market on rupee appreciation and weak global cues. The yellow metal took a dip as the dollar recovers and US treasury yields surge.
However, the bullion metal ended the week with a gain of Rs 149 or 032 percent in the domestic market.
The rate of 10 gram 22-carat gold in Mumbai was Rs 43,406 plus 3 percent GST, while 24-carat 10 gram was Rs 47,386 plus GST. The 18-carat gold quoted at Rs 35,540 plus GST in the retail market.
Gold flat at Rs 47,968 per 10 gram, silver plunges Rs 717 a kg
The broader range on Comex could be between $1,825- 1,850 and on the domestic front, prices could hover in the Rs 47,550- 48,050 range, Damani said.
Mumbai / February 11, 2021 / 06:04 PM IST
Gold prices were steady at Rs 47,968 per 10 gram in the Mumbai retail market on rupee depreciation and lacklustre overseas cues on February 11. The yellow metal witnessed directionless trade due to a lack of fresh triggers.
The rate of 10 gram 22-carat gold in Mumbai was Rs 43,939 plus 3 percent GST, while 24-carat 10 gram was Rs 47,968 plus GST. The 18-carat gold quoted at Rs 35,976 plus GST in the retail market.
Read more about Gold price at Rs 48,010 per 10 gm, silver trending at Rs 69,600 a kg on Business Standard. In New Delhi, the gold price of 22-carat gold inched by Rs 100 to Rs 46,900 per 10 gm, while in Chennai it fell by Rs 150 to Rs 45,220
In undergarments, rectum, gadgets: Mangaluru Customs shows how gold is smuggled into India
The customs department shared a post on Twitter where it said that a Mangaluru-based passenger was caught with gold valued at Rs 31,73,920. The department said that the passenger smuggled the gold by concealing it in the rectum
Anwesha Madhukalya | February 10, 2021 | Updated 17:27 IST
How is gold smuggled into the countri
From films to real lives, instances of heists and smuggling make for some colourful narratives. But as it is, fact has always inspired fiction. Mangaluru Customs social media posts show that the outlandish narratives are the mundane in the smuggling world. The customs department has been sharing instances of gold smuggling and how smugglers tend to do it. It must be pointed out that the smugglers have not had a great run as the Mangaluru Customs department appears to have apprehended a lot of them.