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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 7th, 2015 - 04:55 GMT

Not selling itself: Arabtec denies acquisition rumours

One Egyptian cotton trader said planted acreage had dropped last season to around 350,000 feddans.
January 7th, 2015 - 04:55 GMT

Dubbed as the country's 'white gold', Sisi unsubsidizes Egyptian cotton

But a new court ruling on Monday overturned that decision, according to the bourse statement.
January 6th, 2015 - 05:17 GMT

Dodging a bullet: Ooredoo Kuwait wins court appeal against $125 million fine

Al Bawaba
January 6th, 2015 - 12:47 GMT

Sounds better: Jordan to import gas from Gaza Marine field

Al Bawaba
January 6th, 2015 - 11:50 GMT

It's all about oil, no matter what they say: Dubai shares down most in the world in the past 48 hours

Up to $3 billion of Brent contracts will be bought versus $1.14 billion of WTI contracts, the bank estimated.
January 6th, 2015 - 11:41 GMT

Fresh lows: oil prices slip slightly below $50, edge up again

Al Bawaba
January 6th, 2015 - 04:55 GMT

Desperate times? Oman Air declares cost cutting journey

Al Bawaba
January 6th, 2015 - 04:55 GMT

Extended losses: Gulf markets slide as oil plunges below $55

Al Bawaba
January 6th, 2015 - 01:01 GMT

No cooling down: UAE's Tabreed signs $708 debt facility

Petra Airlines will be rebranded as Air Arabia Jordan and the UAE carrier will establish a hub at Amman's Queen Alia International Airport
January 5th, 2015 - 02:28 GMT

Betting on Amman's hub status: Air Arabia buys 49% stake in Jordan's Petra airlines

Al Bawaba
January 5th, 2015 - 01:52 GMT

A monumental event: 500 companies from 140 countries set for UAE investment meeting

CBJ Deputy Governor Adel Sharkas indicated on Sunday that the amount would range between JD400 and JD500 million (500 to 600 USD).
January 5th, 2015 - 04:55 GMT

Seeking economic 'blessings'? Jordan likely to issue Islamic sukuk next month

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