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Gold Prices Rise By 100 Rupees

Wednesday, December 5, 2018, 6:56 PM

Gold prices on Wednesday rose by Rs.100 to close at Rs.31,950/10 grams at the bullion-market in the national capital on an uptick in retail buying by local jewellers even though bleak market trend overseas restricted the gains further, reported news agency PTI. Silver, on the other hand, dropped by Rs.140 to close at Rs.37,600/kg due to slightly lower demand from industrial units.
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Seven Kg Gold Seized In Chennai. Five, Including 2 Koreans, Arrested

Saturday, December 1, 2018, 12:13 PM

Five people, including two Korean nationals, were arrested and 7 kg of gold, which was smuggled into India from Hong Kong, along with cash worth Rs. 11.12 crore was seized, according to an official statement issued yesterday. Acting on a tip-off, officers at the Directorate of Revenue Intelligence (DRI) intercepted a businessman coming from a hotel in Chennai on November 29.
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Gold Prices Remain Stable, Silver Rates Drop By Rs. 150

Tuesday, November 27, 2018, 5:20 PM

Gold prices remained stable at Rs. 31,850 per 10 gram in the bullion market on Tuesday, reported Press Trust of India. Sovereign gold too remained steady at Rs. 24,800 per piece of 8 gram. However, silver rates fell by Rs. 150 to Rs. 37,300 per kg owing to lower demand from industrial units on Tuesday; traders were quoted as saying in the PTI report.

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