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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 funds are part of the Obama administration’s $58 billion request for Overseas Contingency Operations.
February 3rd, 2015 - 08:58 GMT

Obama requests $8.8 billion to 'bolster' Iraqi fight against Daesh

Brent crude oil futures were up $1.90 cents at $56.65 a barrel as of 0934 GMT. US WTI futures were at $51.08 a barrel, up $1.51 cents.
February 3rd, 2015 - 08:53 GMT

$30 price still an option: Oil prices slightly rebound for first time in a while

Al Bawaba
February 3rd, 2015 - 08:29 GMT

New year, new economic jargon? Global economy enters 'transflation' phase

The channel, owned by Saudi Prince Alwaleed bin Talal, said on its Twitter account that broadcasting has "stopped for technical and administrative reasons and that it will be back soon."
February 3rd, 2015 - 06:55 GMT

Jinxed much? Al-Walid Bin Talal's new channel goes off-air hours after launch

Al Bawaba
February 3rd, 2015 - 05:55 GMT

Didn't they deport them the last time around? Saudi Arabia to resume hiring of Bangladeshi workers

Al Bawaba
February 3rd, 2015 - 04:55 GMT

The band-aid solution? Saudi stocks jump on King Salman's salary bonus

The invite-only basis basically means that users will get a call through WhatsApp from someone who already has the feature updated.
February 3rd, 2015 - 04:55 GMT

Catching up: WhatsApp quietly launches new voice calling feature

Al Bawaba
February 3rd, 2015 - 04:55 GMT

Getting creative after the oil crisis? Saudi Arabia's massive new sugar refinery to start in 2017

Al Bawaba
February 2nd, 2015 - 06:40 GMT

Flying high: Etihad Airways appoints first female airport manager

Al Bawaba
February 2nd, 2015 - 05:47 GMT

Time for a Google stake? AlWaleed bin Talal, Google’s Schmidt discuss business cooperation

The project has reached a boiling point as the Cabinet has yet to reach a decision on whether or not the basin, the largest at the port, should be filled (Photo credit: The Daily Star/Mohammad Azakir)
February 2nd, 2015 - 10:07 GMT

A 'boiling point': Beirut port truckers launch open-ended strike over contentious project

Al Bawaba
February 2nd, 2015 - 07:55 GMT

Jordan to import gas from the Gaza strip

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