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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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Al Bawaba
January 25th, 2015 - 12:52 GMT

Wary of swift decisions? Germany abruptly halts arms exports to Saudi Arabia

Al Bawaba
January 25th, 2015 - 12:27 GMT

Amazon makes its first Israeli acquisition

Nakheel had piled up a mountain of debt during five years of rapid growth in Dubai's property sector.
January 25th, 2015 - 09:29 GMT

$1billion and counting: Dubai's Nakheel posts 43% profit surge

Air traffic in Dubai was halted for nearly an hour on Friday due to public misuse of recreational drones near the flight path.
January 25th, 2015 - 05:55 GMT

How is that 'recreational'? Air traffic in Dubai halted due to misuse of 'recreational' drones

Al Bawaba
January 25th, 2015 - 04:55 GMT

Good luck without them: Kuwait to launch largest 'expat crackdown' operation ever

Al Bawaba
January 24th, 2015 - 03:28 GMT

Oil markets not in mourning: prices edge up above $50 over Saudi King's death

Al Bawaba
January 24th, 2015 - 10:59 GMT

A pledge to maintain output: Saudi Arabia's new King Salman keeps oil minister, policy in place

Al Bawaba
January 22nd, 2015 - 05:43 GMT

Oil prices have reached ‘bottom’ but to remain below $100 for next few years

Al Bawaba
January 22nd, 2015 - 05:40 GMT

Around 2.5 million expatriates in Saudi Arabia have little or no education at all

Although this figure is relatively higher that the global average of 37 per cent of CEOs, it has declined from the massive 69 per cent in the previous survey.
January 22nd, 2015 - 05:32 GMT

Three weeks into 2015, CEO confidence in the Middle East drops

Al Bawaba
January 22nd, 2015 - 06:54 GMT

Iran to boost industry, farming in China tie-ups

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

Low-income Emiratis to be granted houses by government

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