"gold"

Bhimavaram town police, under the leadership of District SP Ravi Prakash, declared a successful operation resulting in the arrest of ten suspects linked to a significant gold smuggling ring.

A total of 4 kgs of smuggled gold worth Rs 2.58 crore was recovered from them, he said.

However, silver climbed Rs 450 to Rs 76,750 per kilogram. It settled at Rs 76,300 per kg in the previous trade.

Begumpet Store Manager Sanoj said that as a part of the celebrations, the brand is introducing new designs and several offers

Gold prices are likely to rise further on the back of weak dollar and decline in US treasury yields.

A total of Rs 684.66 crore, including cash, liquor, gold, silver, drugs, narcotics, freebies, and other valuable items, were reportedly seized to date across Telangana ahead of the Assembly elections on November 30.

Further investigation is on.

Recent falls in gold prices has given a confidence to the traders of surpassing the last year’s sales figures.

During October, Indian stock markets experienced a downturn, with the Nifty 50 index dropping by 2.84 percent, and the mid-cap 150 index leading the decline with a 3.80 percent fall.

Cash, precious metals, liquor, and other items, worth over Rs 10.35 crore, were seized in Telangana during the last 24 hours, officials said on Sunday.

Customs officials at the RGI Airport caught two passengers who were attempting to smuggle gold into the country and seized over one kilogram of the gold from them

Fresh positions built up by participants led to the rise in gold prices, analysts said.

However, silver declined Rs 300 to Rs 73,700 per kilogram. In the previous trade, silver had settled at Rs 74,000 per kg.

The price of 22-carat gold also saw a dip, settling at Rs 53,350 per 10 grams. This downturn in gold prices has prompted many residents of Hyderabad to seize the opportunity and invest in the yellow metal before it potentially starts rising again.

Two large pieces of gold having a purity of 24 karats, weighing 1022 grams and 850 grams respectively valued at Rs 1,08,10,800 were extracted from paste-like materials concealed in shoes and underwear worn by children of a male passenger, a release said.

Gold prices recovered from a recent low amid pullbacks in the US dollar and 10-year Treasury yields, Saumil Gandhi, senior analyst of commodities at HDFC Securities, said.

The yellow metal had closed at Rs 58,950 per 10 grams in the previous trade.

On the Multi Commodity Exchange, gold contracts for October delivery traded lower by Rs 94 or 0.16 per cent at Rs 58,189 per 10 grams in a business turnover of 14,708 lots.

The robbers, wearing helmets, arrived on a motorcycle at Shriram Jewellery shop in Samaypur Badli area, where they brandished their firearms and threatened the staff before escaping with their loot.

In the previous trade, the precious metal had finished at Rs 60,050 per 10 grams.