Gold Deposits

The famed Guruvaur Sree Krishna Temple in this central Kerala district, which recently revealed details of bank deposits to the tune of over Rs 1,700 crore, has declared that it also has over 260 kg of gold in stock.

Abdel Ghadia, an aspiring rapper, accidentally received Rs 4.26 crore in his bank account.

According to bank-wise investment shared by the trust, TTD has 7339.74 tons of gold deposit in 2019 and 2.9 tons were added in the last three years.

Saudi Arabia recently announced the discovery of new sites for gold and copper ore deposits in the holy city of Medina.

Preserving wealth is very different from creating it. Here are five sure shot ways to ensure stable wealth creation in a sea of volatility.

Two promoters of the popular Kerala Fashion Jewellery (KFJ) have been arrested in Chennai for allegedly swindling 26 crore deposits made by at least 1,689 customers under various gold purchase schemes between 2016 and 2019.

A mini-helicopter and an annual deposit of Rs one crore for every home, gold jewellery for weddings, a three-storey house - a candidate in Tamil Nadu has promised the moon to voters. A trip to the moon is also on Thulam Saravanan's list of promises.

The Kerala police have registered a case against the Enforcement Directorate (ED) officials for allegedly forcing Swapna Suresh, key accused in the gold smuggling case, to give statements against ChiefMinister Pinarayi Vijayan.

Villagers stumbled upon "ancient gold" during the renovation of a temple in Tamil Nadu and it was seized by authorities and deposited with the government treasury on Sunday despite the locals protesting against it, officials said.

The Finance Ministry is considering an amnesty program for residents with illicit stash of gold, as part of an effort to crack down on tax evasion and cut its dependence on imports, according to people with knowledge of the matter.

The Geological Survey of India (GSI) has rejected claims of around 3000 tonnes of gold deposits in UP's Sonbhadra district, saying the estimated reserve is 160 kg.

Sonbhadra district mining officer KK Rai had said on Friday that the gold deposits were found in the Son Pahadi and Hardi areas of the district.

Gold deposits estimated to be around 3,000 tonnes and worth Rs 12 lakh crore have been discovered in the Sonbhadra district of Uttar Pradesh by the Geological Survey of India (GSI), almost five times India's current reserve of the precious metal.

Besides physical gold, a range of gold-based financial products are available today, such as gold ETFs (exchange traded funds), and gold schemes such as gold-denominated bonds.

Gold investment: The traditional gold investment mode is purchasing of physical gold. However, analysts suggest going for electronic gold.

The famed Guruvaur Sree Krishna Temple in this central Kerala district, which recently revealed details of bank deposits to the tune of over Rs 1,700 crore, has declared that it also has over 260 kg of gold in stock.

Abdel Ghadia, an aspiring rapper, accidentally received Rs 4.26 crore in his bank account.

According to bank-wise investment shared by the trust, TTD has 7339.74 tons of gold deposit in 2019 and 2.9 tons were added in the last three years.

Saudi Arabia recently announced the discovery of new sites for gold and copper ore deposits in the holy city of Medina.

Preserving wealth is very different from creating it. Here are five sure shot ways to ensure stable wealth creation in a sea of volatility.

Two promoters of the popular Kerala Fashion Jewellery (KFJ) have been arrested in Chennai for allegedly swindling 26 crore deposits made by at least 1,689 customers under various gold purchase schemes between 2016 and 2019.

A mini-helicopter and an annual deposit of Rs one crore for every home, gold jewellery for weddings, a three-storey house - a candidate in Tamil Nadu has promised the moon to voters. A trip to the moon is also on Thulam Saravanan's list of promises.

The Kerala police have registered a case against the Enforcement Directorate (ED) officials for allegedly forcing Swapna Suresh, key accused in the gold smuggling case, to give statements against ChiefMinister Pinarayi Vijayan.

Villagers stumbled upon "ancient gold" during the renovation of a temple in Tamil Nadu and it was seized by authorities and deposited with the government treasury on Sunday despite the locals protesting against it, officials said.

The Finance Ministry is considering an amnesty program for residents with illicit stash of gold, as part of an effort to crack down on tax evasion and cut its dependence on imports, according to people with knowledge of the matter.

The Geological Survey of India (GSI) has rejected claims of around 3000 tonnes of gold deposits in UP's Sonbhadra district, saying the estimated reserve is 160 kg.

Sonbhadra district mining officer KK Rai had said on Friday that the gold deposits were found in the Son Pahadi and Hardi areas of the district.

Gold deposits estimated to be around 3,000 tonnes and worth Rs 12 lakh crore have been discovered in the Sonbhadra district of Uttar Pradesh by the Geological Survey of India (GSI), almost five times India's current reserve of the precious metal.

Besides physical gold, a range of gold-based financial products are available today, such as gold ETFs (exchange traded funds), and gold schemes such as gold-denominated bonds.

Gold investment: The traditional gold investment mode is purchasing of physical gold. However, analysts suggest going for electronic gold.