Go Digit Insurance’s IPO was subscribed 50% on the second day of the bidding process. Retail portion was oversubscribed at 2.03 times, while non-institutional investors’ portion reached 0.48 times. Qualified institutional buyers’ participation awaited. IPO closes on May 17.
Silver hits $60 per ounce for first time, gold rises ahead of Fed rate decision
Gold prices edged higher as traders anticipated the U.S. Federal Reserve’s interest rate decision. Meanwhile, silver surged to an all-time high of over $60 per