Gold shines bright! Several life insurers want IRDAI to allow gold ETF investments; 30% returns in 12-months

Life insurance companies are seeking regulatory approval from Irdai to invest a portion of their ULIP assets in gold ETFs, driven by rising gold prices and the need for portfolio diversification amid lower returns from traditional investments.

Gold shines bright! Several life insurers want IRDAI to allow gold ETF investments; 30% returns in 12-months
Life insurance companies are seeking regulatory approval from Irdai to invest a portion of their ULIP assets in gold ETFs, driven by rising gold prices and the need for portfolio diversification amid lower returns from traditional investments.