Gold drops ₹264 on muted global trends
The Hindu
Gold dipped ₹264 to ₹45,783 per 10 gram; silver went lower by ₹60 to ₹67,472 per kilogram
Gold in the national capital on June 30 dipped ₹264 to ₹45,783 per 10 gram in line with drop-in global precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal had closed at ₹46,047 per 10 gram. Silver also went lower by ₹60 to ₹67,472 per kilogram from ₹67,532 per kilogram in the previous trade.
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Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.