Ahmedabad: Gold prices on the Multi Commodity Exchange (MCX) surged past the ₹1 lakh mark per 10 grams for the first time on Friday, driven by escalating geopolitical tensions in the Middle East that spurred strong demand for safe-haven assets. Silver prices also opened higher in early trading. MCX gold opened at ₹99,500 per 10 grams, registering a jump of ₹1,108 or 1.12% from Thursday’s close of ₹98,392. The price soon climbed to ₹1,00,403, crossing the crucial psychological barrie...Read More

Ahmedabad: Based on an intelligence report about smuggled gold, the Gujarat Anti-Terrorism Squad (ATS) and the Directorate of Revenue Intelligence (DRI), in a joint operation, carried out a raid on a locked apartment in Paldi on Monday evening. The search led to the recovery of 87.92 kilograms of gold bars, valued at around ₹80 crores. The majority of the gold bars bear foreign markings, indicating that they were smuggled into India. The operation also uncovered (i) 11 luxury watches, inclu...Read More

Ahmedabad: Two passengers were apprehended at Ahmedabad Airport on Tuesday morning at 9:43 AM for attempting to smuggle gold worth ₹1.29 crore. They arrived on Thai AirAsia flight FD 144 from Bangkok. The individuals concealed the gold by mixing it with chemicals and molding it into a paste-like form, which was then stuffed into plastic sticks. These sticks were then strapped around their waists under their jeans in an attempt to bypass security. Customs officials seized a total of 1,450.43 ...Read More