Firm hopes to find gold worth $167 bn sunk during world wars
A salvage operation set sail today to recover some of Britain's $167 billion (around â¹11 lakh crore) worth of gold and precious metals sunk by Germany during the first and second world wars. Britannia's Gold, the firm behind the mission, has spent 25 years analysing lost cargo. If successful, it will negotiate a price with the government for the treasure. 