Negative investor sentiment due to a rapid rise in global interest rates, a strong US dollar, and higher bond yields eased the glitter of gold throughout this year. London spot gold prices fell for the seventh consecutive month in October, shedding more than 10 percent since January. However, prices now stabilized above $1700 an ounce, gaining more than 7 percent from its recent lows.
Silver Storm Parks & Resorts Limited Successfully Concludes IPO
Silver Storm Parks & Resorts Limited successfully concluded its initial public offering, raising ₹82.43 crore. The company’s Qualified Institutional Buyers category saw strong subscription interest.