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Market shock: Silver sets record while gold and platinum soar
December 26th, 2025 - 11:07 GMT
Osama Ali

Osama Ali

Market shock: Silver sets record while gold and platinum soar

ALBAWABA - Silver broke the $75-per-ounce barrier for the first time on Friday. Gold and platinum also hit record highs, driven by anticipations of more U.S. interest rate cuts and escalating global geopolitical tensions. In spot trading, gold prices saw a significant increase, reaching approximately $4,512 an ounce. This followed a brief period where they surpassed $4,530 earlier in the day. U.S. gold futures also rose, suggesting ongoing investor interest ...
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Al Bawaba
January 14th, 2015 - 04:55 GMT

Moving swiftly: GCC plans new laws to combat 'bootlegging' fuel

Al Bawaba
January 13th, 2015 - 11:53 GMT

Six-year low: oil prices slump further

Al Bawaba
January 13th, 2015 - 08:10 GMT

Great Britain is back in Egypt: UK launches Egypt trade mission, largest in over a decade

Iranian President Hassan Rouhani said Tuesday that countries behind the fall in global oil prices would regret their decision.
January 13th, 2015 - 07:56 GMT

A threat or a prophecy? Iran's Rouhani says countries behind oil price drop will suffer

Lebanon has witnessed a sharp decrease in fuel prices over the past month as Brent crude hit a five-and-a-half-year low of less than $50 a barrel.
January 13th, 2015 - 07:49 GMT

Another loser, another winner: Lebanon to cut transport fees as oil prices drop

Al Bawaba
January 13th, 2015 - 04:55 GMT

Unabated will or irrationality? Kuwait to spend $155 billion on projects despite oil price slide

Al Bawaba
January 13th, 2015 - 12:50 GMT

GCC rail project spending on track to reach $200 billion

Al Bawaba
January 12th, 2015 - 05:01 GMT

Early refund: Dubai World wins lender support for $14.6 billion restructuring plan

Al Bawaba
January 12th, 2015 - 04:44 GMT

The chicken and the egg: Goldman Sachs oil price slashed forecast brings prices down to six year low

Al Bawaba
January 12th, 2015 - 03:50 GMT

Venenzualan, Iranian attempts to get OPEC to cut output 'hits brick wall'

Al Bawaba
January 12th, 2015 - 04:55 GMT

After Iran, Venezuelan president arrives in Saudi Arabia in hopes to settle oil crisis

Al Bawaba
January 12th, 2015 - 12:55 GMT

Desperate for a change: Egypt inks six new energy deals

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