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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 20th, 2015 - 10:16 GMT

Suez canal leak halts construction; Government denies workers missing

Al Bawaba
January 20th, 2015 - 04:55 GMT

Harmony restored? Qatar's Emir to attend Egypt's economic summit

Al Bawaba
January 19th, 2015 - 08:04 GMT

Oman Drydock hands over 300th vessel

Al Bawaba
January 19th, 2015 - 01:44 GMT

Saudi NADEC sees 7 percent net profit increase over 2013

Al Bawaba
January 19th, 2015 - 11:24 GMT

UAE company bets on renewable power in Egypt amid energy crisis

Al Bawaba
January 19th, 2015 - 10:31 GMT

Bankers surprised as Egyptian pound starts year at historic low

The Gulf’s largest listed company earned SAR4.36 billion ($1.16 billion) in the three months to Dec. 31 compared to SAR6.16 billion a year earlier,
January 19th, 2015 - 04:55 GMT

Oil slump slashes SABIC’s profits by 29%

Al Bawaba
January 19th, 2015 - 04:55 GMT

Giving up on oil? Oman opens 'state-of -the-art' 1.3 billion gas plant

The high interest in buying investment certificates for the Suez Canal project was part of the reason why Egypt witnessed stabilisation in 2014, the report said.
January 19th, 2015 - 04:55 GMT

'Notable improvement' in Egypt's confidence levels, says World Bank

Al Bawaba
January 18th, 2015 - 03:01 GMT

Where's rock bottom? No floor price in horizon for oil

Al Bawaba
January 18th, 2015 - 08:40 GMT

Reliable aid: Japan to provide $360 million to Egypt's energy, infrastructure and technology sectors

Al Bawaba
January 18th, 2015 - 04:55 GMT

A bright idea: Dubai launches new mega solar project

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