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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 year 2015 may just be one of the best times for people to go for their dream vacation as holiday spending could get cheaper anytime soon.
January 27th, 2015 - 02:25 GMT

Pack your bags: Gulf airlines plan to slash prices before next July

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January 27th, 2015 - 02:14 GMT

Catastrophic banking: Turkish state bank sustains $1 billion loss in bad loans

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January 27th, 2015 - 11:02 GMT

Losing its glory? Iran joins long list of countries to ditch US dollar in foreign trade

Al Bawaba
January 27th, 2015 - 04:55 GMT

In the right direction: Egypt's economic growth expected to go 'easily north of 4 percent'

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January 27th, 2015 - 04:55 GMT

Time to consider other majors? One in every 65 Jordanians is an engineer

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January 26th, 2015 - 05:51 GMT

Count the blessings: Emirates mulls cutting airfare prices over oil price drop

Al Bawaba
January 26th, 2015 - 10:37 GMT

Historic irony? Kuwait company awarded Iraq airport project

Middle Eastern equity and equity-related issuance totalled $11 billion in 2014, a 173 per cent increase from 2013.
January 26th, 2015 - 10:03 GMT

Time to reminisce? ME investment bankers toast to their best year of fees since 2008

Al Bawaba
January 26th, 2015 - 09:44 GMT

Gold rises to five year high on safe-haven demand


He said the government is revising its draft budget to assume a base price of $40, from $72 a barrel.
January 26th, 2015 - 04:55 GMT

Pride or lunacy? Iranian govt says it can run the country on below $40 oil

Over 1,000 Saudi businessmen and companies in various sectors are expected to attend the March Economic Summit.
January 26th, 2015 - 04:55 GMT

1000 Saudi businessmen, companies to participate in Egypt's Economic Summit

Iran produced 16.331 million tons of crude steel in 2014, a 5.9 percent rise from 15.422 million tons in 2013.
January 25th, 2015 - 01:20 GMT

Ready to give up oil dependency? Iran Middle's largest steel producer

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