Gold smuggling at the Delhi airport has taken a major hit due to demonetisation. A senior customs official today said, the customs seized about 240 kgs of the yellow metal in 2016-17 fiscal that is 190 kgs less than the seizure effected in 2015-16.<br/> <br/>In 355 cases of gold smuggling during 2015-16 financial year at the Indira Gandhi International Airport in Delhi customs authorities seized 450 kgs of gold. The official said, the number of cases of gold smuggling took a hit, especially after demonetisation was announced on November eight last year by Prime Minister Narendra Modi. As a result, about 240 cases of gold smuggling were reported in 2016-17 fiscal.<br/> <br/>The demand of gold has traditionally been high in the country as people prefer to invest in it for better returns and due to traditional values.