Gold and silver futures surged, driven by Middle East tensions and a weakening dollar. Gold prices at MCX opened higher by Rs 635 at Rs 96,234/10 gms, while silver opened higher by Rs 719 at Rs 98,964/kg. Analysts suggest ranges for trading, while Robert Kiyosaki predicts significant long-term price increases for gold, silver, and Bitcoin.
IRDAI clears investments in private companies, eases infrastructure funding norms
IRDAI has expanded insurers’ investment options by permitting investments in private limited companies, infrastructure SPV debt and repo, reverse repo and government securities lending transactions.