Gold tumbles Rs 350; silver plummets Rs 1,000
New Delhi (PTI): Gold prices tumbled Rs 350 to Rs 63,950 per 10 grams in the national capital on Friday amid weak cues in global markets, according to HDFC Securities.
In the previous trade, the precious metal had closed at Rs 64,300 per 10 grams.
Silver also plummeted Rs 1,000 to Rs 78,500 per kilogram, while it had settled at Rs 79,500 per kg in the previous close.
Meanwhile, in the futures trade, the February contract of gold declined Rs 244 to Rs 63,145 per 10 grams on the MCX. Also, the March contract of silver plunged Rs 1,166 to Rs 73,793 per kilogram on the bourse.
In the overseas markets, gold and silver were trading lower at USD 2,070 per ounce and USD 23.80 per ounce, respectively.
Spot gold at Comex was trading at USD 2,070 per ounce, down by USD 10 from the previous close in the international markets.
Comex gold dropped as traders locked profit after the precious metal prices hit a three-week high in the previous session, HDFC Securities' Senior Analyst of Commodities Saumil Gandhi said.
Following a recovery in the dollar and rising US Treasury yields are also additional factors that weighed down on the yellow metal, Gandhi added.
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Delhi court extends gangster Anmol Bishnoi's NIA custody by 7 days
New Delhi (PTI): A Delhi court on Friday extended the NIA custody of deported gangster Anmol Bishnoi by seven more days.
Special Judge Prashant Sharma ordered the extension during a hearing conducted at the National Investigation Agency's (NIA) headquarters here amid high security.
The hearing was not conducted at the designated court in the Patiala House courts as the NIA cited a high security risk to Bishnoi because of threats given by Pakistani gangster Shahzad Bhatti.
Sources said the agency sought the extension of Anmol's custody by seven more days on the ground of conducting further probe, which the judge allowed.
Wanted in connection with the killing of Nationalist Congress Party (NCP) leader Baba Siddique, firing at actor Salman Khan's residence in April 2024, the killing of Punjabi singer Sidhu Moosewala, among other crimes, Anmol was "removed" from the United States on November 18.
He was detained in the US in November last year.
After being produced before a special judge in the Patiala House courts on November 18, he was sent to the NIA's custody for 11 days.
On November 29, Anmol, the brother and a close aide of gangster Lawrence Bishnoi, was sent for further custodial interrogation till December 5.
Absconding since 2022, US-based Anmol is the 19th accused to be arrested for involvement in the terror-gangster syndicate led by his jailed brother.
