Fox News: India's seizure of smuggled gold soars

Seizure of smuggled gold in India soared 365 percent in the first quarter of the year, a report said Saturday, following curbs on imports of the precious metal to plug a yawning trade gap.

India, the world's largest buyer of gold, has twice hiked import taxes on bullion this year to discourage gold-buying and introduced other restrictions on purchases to rein in a record current account deficit, the broadest measure of trade.

Gold is hugely popular in India, especially during religious festivals and wedding seasons.

In the April to June quarter of this financial year seizure of smuggled gold rose 365 percent over the same period last year, the Business Standard newspaper quoted a government revenue department official as saying.

"This year, in the first quarter itself, we have seized almost 60 percent (in value terms) of what was seized in all of last year," an unnamed government revenue official was quoted as saying.

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Fox News: Treasure hunters discover gold coins worth thousands buried off Florida coast

A group of treasure hunters says they have found 48 gold coins likely worth thousands of dollars buried in the sand in Florida's "Treasure Coast," where eleven Spanish ships laden with gold sank in 1715.

WPTV reports Captain Greg Bounds and his crew on the "Capitana" spend most Saturdays looking for sunken treasure in the area about 200 miles off Florida, but usually just find garbage.

However, on Saturday Bounds discovered the 48 coins buried in the sand, thought to be valued at approximately a quarter of a million dollars.

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Fox News: 23-karat gold chocolate bacon is a real thing

Listen up bacon lovers. The true test of your passion has arrived: gilded, chocolate covered bacon. That's right, 23k gold chocolate bacon is a real thing and you can own it.

The new porcine delicacy is the masterful work of Wesley Klein at the New York food store Baconery, tagline "Bacon meets Bakery. Their love child: Baconery.”


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Fox News: Florida man finds mysterious gold treasure during Everglades snake hunt

A Florida man who went hunting for pythons in Florida’s Everglades returned instead with a mysterious treasure: an antique, diamond-studded gold medallion that could date back to the 17th century.

How the handmade, penny-sized amulet got there is a riddle. One theory is it could have been aboard a ValuJet plane that crashed nearby in May 1996 – or that perhaps it was part of the debris field from an Eastern Airlines crash in the same area in 1972. The fact that it is partially melted on one side could support that idea.

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Fox News: Gold crush: U.S. ready to shut down gold sales to Iran

The U.S. is trying to stop the gold rush to Iran in a bid to undermine the Islamic Republic's plummeting currency, but critics say the move is more likely to hurt ordinary citizens than the rogue regime's leadership.

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Fox News: 'Lost City of Gold' found deep in Honduras rain forest?

New images of a possible lost city hidden by Honduran rain forests show what might be the building foundations and mounds of Ciudad Blanca, a never-confirmed legendary metropolis.

Archaeologists and filmmakers Steven Elkins and Bill Benenson announced last year that they had discovered possible ruins in Honduras' Mosquitia region using lidar, or light detection and ranging. Essentially, slow-flying planes send constant laser pulses toward the ground as they pass over the rain forest, imaging the topography below the thick forest canopy.

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