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Historic Rally: Silver Breaks $75 while gold and platinum set new records
December 27th, 2025 - 05:53 GMT
Osama Ali

Osama Ali

Historic Rally: Silver Breaks $75 while gold and platinum set new records

ALBAWABA - Silver broke through the $75 mark on Friday, a historic first, as precious metals continued their ascent. This surge was fueled by investors looking for security in a world of uncertainty and the anticipation of U.S. interest rate reductions. Silver hit $75.9 per ounce, and gold followed suit, reaching a new peak of $4,531 per ounce, a fitting conclusion to a remarkable year for the metals. Silver has ...
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The impact of tenants choosing to remain in their accommodations rather than relocate to another location has also contributed to the slowdown in the growth of rents, Asteco added
February 22nd, 2015 - 06:40 GMT

About time: Dubai's rents to soften in 2015 due to increasing supply

Al Bawaba
February 22nd, 2015 - 06:29 GMT

T'is the season: snow, skiing entice more tourists to Lebanon this month

Al Bawaba
February 22nd, 2015 - 02:15 GMT

'Exceptional presence': Rolls-Royce develops all-new luxury model

Al Bawaba
February 22nd, 2015 - 12:03 GMT

A collasal loss: $200 billion worth of projects cancelled due to low oil prices


"This does not mean that the market is dull. There is still good demand for the properties," he added.
February 22nd, 2015 - 11:43 GMT

Catching it from Dubai? Qatar rents up 20%, may stabilize over oil price crash

Visa card holders in Saudi Arabia came in first place in terms of spending, spending $35.18m during the first half of the festival.
February 22nd, 2015 - 11:32 GMT

Priorities: Egyptians spend $10.18 using their credit cards at Dubai's Shopping Festivals

Al Bawaba
February 22nd, 2015 - 11:15 GMT

Un(likely) allies: Israel-India announce 'substantial' defense venture

Al Bawaba
February 22nd, 2015 - 05:55 GMT

Five-member consortium wins bid for Doha's driverless metro

Al Bawaba
February 22nd, 2015 - 04:55 GMT

It's tea time! Dubai factory to become world's largest tea maker

Al Bawaba
February 22nd, 2015 - 04:55 GMT

Moody downgrades Russia to 'junk' status

Al Bawaba
February 22nd, 2015 - 04:55 GMT

Political ramifications: Yemen foreign exchange reserves stabilise but borrowing balloons

Hilton’s quarterly adjusted profit narrowly missed market expectations despite a 7 per cent rise in revenue.
February 20th, 2015 - 07:58 GMT

Diverging fortunes: Hilton forecast disappoints, Marriott profit beats estimates

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