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Gold price in Mumbai: Yellow metal gains Rs 286 to Rs 38,365 per 10 gram

Tuesday, December 3, 2019, 9:58 PM

Gold prices gained Rs.286 to Rs.38,265/10-gram in Mumbai bullion market on weaker rupee and following comments by the US President Donald Trump that a trade deal with China may happen only after 2020 US presidential-election. India gold import in November jumped to 71-tonnes from 40-tonnes imported in October, but was down 16% from the same period last year, Reuters reported citing government official.
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Afghan Man, Hiding 1 kg Gold In Shoes, Arrested At Delhi Airport: Officials

Monday, December 2, 2019, 7:53 AM

An Afghanistan national has been arrested by customs officials at New Delhi's Indira Gandhi International airport for allegedly trying to smuggle into the country about 1 kg gold by hiding it in the shoes, an official statement said on Sunday. The passenger was intercepted after his arrival from Mazar-e-Sharif, Afghanistan, on Friday. The passenger was arrested and the gold seized.
 
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Gold eyes worst month in 3 years amid trade deal hopes

Friday, November 29, 2019, 10:04 AM

Gold slipped on Friday and was set for its worst month in three years as hopes for a U.S.-China trade deal supported demand for riskier assets and the dollar, weighing on the safe-haven metal. Spot gold fell 0.1% to $1,456.30 per ounce by 0116 GMT. Prices are down almost 4% this month, on track for their biggest monthly decline since November 2016.

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