Pune: A goldsmith from Dombivli (East) in Mumbai had his bag containing gold ingots worth Rs 34.63 lakh stolen by an unidentified passenger, when the private luxury bus he was travelling in halted ...

Spot gold was down 2.9% at $3,024.2 an ounce as of 1:44 p.m. EDT (1744 GMT), after hitting a session low of $3,015.29 earlier in the session. It hit a record high of $3,167.57 on Thursday.

All the conservators had was flattened fragments of paper-thin gold, some large, some small ... the whole thing could have been made from an ingot about the size of a ping-pong ball.