Gold tumbles ₹ 191; silver plunges ₹ 1,062
The Hindu
Gold tumbled ₹ 191 to ₹ 46,283 per 10 gram in the national capital on Friday in-line with decline in global precious metal prices, according to HDFC Securities. In the previous trade, the precious met
Gold tumbled ₹ 191 to ₹ 46,283 per 10 gram in the national capital on Friday in-line with decline in global precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at ₹ 46,474 per 10 gram. Silver also plunged ₹ 1,062 to ₹ 67,795 per kilogram from ₹ 68,857 per kilogram in the previous trade.
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Silver prices plunge 9% to ₹2.06 lakh per kg in futures trade amid weak global cues and rising macroeconomic pressures.
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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.
Five top firms lose ₹1 lakh crore in market value, with HDFC Bank experiencing the largest decline of ₹56,124.48 crore.