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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 4th, 2015 - 11:17 GMT

'The father of Sharm el-Sheikh': Egyptian business tycoon asks for his assets back

Al Bawaba
January 4th, 2015 - 10:37 GMT

Emotional, or more like 'financial', blackmail? Israel withholds Palestinian tax revenues

Al Bawaba
January 4th, 2015 - 04:22 GMT

The most vulnerable? Oil price slump aggravates South Sudan's economic woes

Al Bawaba
January 4th, 2015 - 03:53 GMT

Who needs caution when you have the Expo? Dubai passes highest budget since financial crisis

Al Bawaba
January 4th, 2015 - 11:07 GMT

Breaking: Jordan suspends 'historic' $15 billion gas deal with Israel

"We have reached the danger point... after starting to withdraw from the reserves," to meet the budget shortfall, Alwaleed said in a letter addressed to the finance minister.
January 4th, 2015 - 04:55 GMT

Economy drama: Al-Walid Bin Talal lashes out at his country for 'largest deficit ever'

Al Bawaba
January 4th, 2015 - 04:55 GMT

Bombing Gaza hasn't really helped either: Israel 2014 per capita growth below OECD average

Al Bawaba
January 1st, 2015 - 11:35 GMT

New year's resolution? Egypt pays back $2.1 billion in debt to foreign energy companies

Al Bawaba
December 31st, 2014 - 05:28 GMT

2014's dramatic farewell: Oil heads for biggest annual drop since 2008

Al Bawaba
December 31st, 2014 - 01:36 GMT

It's all related: Russia economic turmoil to take toll on Dubai airport traffic

Al Bawaba
December 31st, 2014 - 01:13 GMT

Both sides blame one another: Libya's one week fire destroys 1.8 million barrels of oil so far

Last year, a former Israeli electric company director was sentenced to six years imprisonment as part of the affair.
December 31st, 2014 - 04:55 GMT

Israel arrests 6 in Siemens worldwide bribery scandal

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