LEH — The Indo-Tibetan Border Police (ITBP) has seized 108 gold bars, each weighing one kilogram, near Indo-China border and arrested three people, an official of the border guarding force said. Besides the huge quantity of smuggled gold, the seizure also included two mobile phones, a binocular, two knives and several Chinese food items like […]
Tag: Gold
Gold surges 12 pc year-to-date, outperforming major asset classes: WGC
NEW DELHI — Exhibiting remarkable performance, gold rose by 12 per cent year-to-date, outpacing most major asset classes, the World Gold Council said in its Gold Mid-Year Outlook 2024. It noted that the surge has been driven by continued central bank buying, robust Asian investment flows, resilient consumer demand, and ongoing geopolitical uncertainties. Looking ahead, […]
Gold prices likely to move towards a new high of Rs 70,000
NEW DELHI — Gold prices are likely to move towards a new high of Rs 70,000, as per a report by ICICI Direct, while silver, remaining supported amid rising industrial demand, may edge higher towards Rs 85,000. Gold prices are likely to rise further on the back of weak dollar and decline in US treasury […]