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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 strategic waterway, the fastest shipping route between Europe and Asia, is a barometer for international trade.
February 5th, 2015 - 09:22 GMT

Feeling confident: Suez Canal Authority reduces discounts for LNG carriers

Al Bawaba
February 5th, 2015 - 08:35 GMT

Not just oil troubles: Saudi Arabia's top gas exec dismissed

Al Bawaba
February 5th, 2015 - 09:20 GMT

Refreshing: Egypt's stocks at highest levels in 6 and a half years

Al Bawaba
February 5th, 2015 - 04:55 GMT

Reasonable or over-optimistic? Total CEO expects oil price of $60 this year

Erdogan has also dismissed hundreds of police and prosecutors believed to be linked to the cleric.
February 4th, 2015 - 08:31 GMT

Using a 'lack of transperancy' excuse, Turkish government seizes control over Bank Asya

Al Bawaba
February 4th, 2015 - 05:47 GMT

UAE airlines carry more Indians than Air India

Al Bawaba
February 4th, 2015 - 05:35 GMT

The tide has shifted: reform of Saudi subsidies 'imminent'

Al Bawaba
February 4th, 2015 - 09:36 GMT

The region's beacon of strength and stability: US to up aid to Jordan as it deals with with regional instability

Al Bawaba
February 4th, 2015 - 05:55 GMT

It has those? Dubai 'historic' sites to get facelift

Saudi Basic Industries Corp (SABIC), the Gulf’s biggest list company and one of the world’s top petrochemical producers, will pay two months’ basic salary to Saudi employees.
February 4th, 2015 - 04:55 GMT

Imitating royal handouts: Saudi Arabia's largest companies to issue free bonuses (to nationals only of course)

Al Bawaba
February 4th, 2015 - 04:55 GMT

'Targets surpassed': Etihad Airlines posts 23% increase in passenger numbers

Al Bawaba
February 3rd, 2015 - 09:26 GMT

Keeping up the fight for market share: Saudi Arabia expected to offer further oil discounts to Asia in March

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