Bringing back gold to India bought in USA

[Nandini Ramanan]

I am an Indian passport holder and I live in the USA currently under f1 visa doing my Ph.D. at Indiana University.
I have a question regarding the immigration laws concerning Gold ornaments. I have a gold necklace that is 40.7 grams exactly that I bought in the USA, which I am planning to bring...

[leocrimson]

Can I show gold evaluation for financing my education on F1-visa ? If yes, who all are authorized to evaluate gold ?

[sanjayrai111]

Hi,

I wanted to know how much quantity of GOLD can I travel with on my way back to India from USA after staying long term on H1B visa?
Without paying custom charges what is the limit to travel of Gold either in the form of jewelry or COIN?
Do I need to declare upon travel to...