Stock market investors on Monday gave a thumbs up to gem and jewellery stocks, thanks to the continuous fall in the yellow metal prices overseas. The precious metal sank to over five-year lows in global markets. Gold futures crashed as much as 4.6 per cent in the Asian markets, as China on Friday revised its official gold reserves upwards, marginally. On the domestic market, gold prices fell below ₹25,000 per 10 grams on Monday, tumbling ₹524 in futures trade in early trades. Shares of Shree...

The Unnao gold hunt has led to illegal digging at forts and temples rumoured to have hidden treasures in Uttar Pradesh. Shobhan Sarkar, the seer who had "dreamt" about 1,000 tonne gold buried under Unnao's Daundia Khera fort, had said the precious metal was hidden in Fatehpur's Adampur area as well. As the news spread, some people dug up the platform of an ancient Shiva temple near the Ganga's main ghat in Fatehpur. Reports said about two dozen places in ruins have been dug up. It was also rumoured...

A Thai taxi driver has returned gold worth $450,000 to a customer who left the jewelry behind three days earlier. Police Col. Naradet Tiprak said driver Saksi Ketsikaew turned in 8.2 kilograms (289 ounces) of jewelry in cardboard boxes Friday. He said gold seller Ekarat Kanokwannakorn bought the gold Tuesday in Bangkok but forgot it in the taxi while he was helping his sick wife. Naradet said police were skeptical about the delay but that Ekarat was happy to get back the gold and didn't seek...