Insurers may soon get IRDA nod to invest in gold

Gold, the most trusted investment for centuries, may well become an acceptable asset class for the insurance regulator after nearly a decade of lobbying, but that could push up the price of the ever-rising precious metal, taking it beyond the reach of many.
http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/insurers-may-soon-get-irda-nod-for-investing-in-gold/articleshow/11248141.cms

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