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GOLD BARS NEWS

Top 10 countries with the largest gold reserves in 2024—check India's rank

October 14, 2024 2:38 pm

With the Reserve Bank of India (RBI) adding gold every month in 2024, India has one of the largest gold reserves globally. Read on to find out where does it stand in the Top 10 list.

Gold ETFs log Rs 103 crore inflow in May

June 13, 2023 4:18 pm

The development comes after a net inflow of Rs 124 crore witnessed in the asset class in April.

Passenger held with gold bars worth Rs 34.8L at Pune airport

February 12, 2022 7:08 am

On February 8, Customs officers at Pune airport seized about Rs 6 lakh of illegally acquired foreign currency from a passenger who attempted to smuggle it from Pune to Sharjah.

Mumbai: Gold worth Rs 11 lakh found in air passenger's slippers

April 05, 2019 7:42 pm

The passenger had concealed the gold bars in his slippers which were detected during security check Thursday.

Chennai: Gold bars worth Rs 1.15 Cr seized from aircraft toilet

December 21, 2017 5:25 pm

During the search, two black-coloured pouches concealed inside the toilets were seized and investigations revealed that two gold bars were covered with 'thick black adhesive tapes' in it.

Gold bars looted from smugglers in Manipur

October 30, 2017 9:57 am

Police sources said the robbers may be members of a rival gang engaged in international gold smuggling and also did not rule out the possibility that they may have access to inside information about smuggling and have high connections.

Report reveals what glittered wasn’t gold, relief likely for former Army Major

May 14, 2015 4:15 am

DRI had arrested Saharan, a resident of Gurgaon, and his friend Surender Singh Dagar, a resident of Delhi, on April 26 from two different hotels located at Ashram road and had recovered 52 gold bars from their custody.

Smuggling up, govt seeks gold purchase info from jewellers

January 16, 2014 3:15 am

Income Tax Department has sought information such as the number and value of transactions, mode of payment and transaction code in a three-page letter sent to jewellers.

Hyderabad: Gold worth Rs 5.4 cr seized at airport

December 21, 2013 1:23 am

The officials said the bars — weighing 18 kg — were hidden neatly in their clothes and packed into suitcases.

Kolkata: 24 kg gold worth over Rs 7 crore recovered in empty aircraft

February 07, 2014 10:24 am

As many as 24 gold bars weighing a kg each were recovered in two bags in an empty aircraft.

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