Analysis of the global market, liquidity, supply and demand, gold as a monetary asset. Market news and reports

www.marketintelligence.gold.org

Hello, you either have JavaScript turned off or an old version of Adobe's Flash Player. Get the latest Flash player.

Gold

Ancient gold coins unearthed in Indian village > Gold News > World Gold Council, gold market information and intelligence

 

Ancient gold coins unearthed in Indian village

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

Monday, 11th May 2009 (4060 views)

A collection of gold coins estimated to be 1,000 years old has been uncovered by construction workers in the Indian village of Chanaka.

Labourers unearthed a metal pot containing 554 coins from the 11th century AD as they dug foundations in Rajura tehsil and reported the find to local police, according to the Times of India.

Pictures of the coins, made from gold alloyed with a small amount of copper, have been examined by a numismatist and the items weigh a total of around 2 kg, the news source stated.

They are thought to have belonged to the Kakatiya dynasty - rulers of the ancient Warangal kingdom - and to have been minted by King Ganpati Deva.

Meanwhile, digging at the site of the ancient city of Sirpur in the Indian state of Chhattisgarh has unearthed areas used for constructing gold jewellery.

Archaeologists found casts used in the production of items made from the precious metal in an area known as an ancient trade site, according to LittleAbout.

 

« Back to Gold News stories

 

Gold News Archive:

 
 

Search

Search our gold investment information.

  • Gold Spot Price
  • Bid: $1107.60
  • Ask: $1108.40
  • Last Update: 05:28 GMT
  • 22 Mar 2010
© 2010 World Gold Council - all rights reserved. Produced and managed by CFP Group.