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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
December 23rd, 2014 - 12:36 GMT

The show must go on! Oil prices apart, Saudi 2015 budget to be released later this week, inshallah

Marginal increase in gold market prices
December 23rd, 2014 - 11:50 GMT

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30 billion EGP in savings
December 23rd, 2014 - 11:16 GMT

Oil price plummet plays into Egypt's interest: Spares Budget 30 billion EGP in energry subsidies

Nakheel the developer of the project
December 23rd, 2014 - 09:59 GMT

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Al Bawaba
December 23rd, 2014 - 09:42 GMT

Calling Muscat to Riyadh: Forum considers untapped potential Omani investments in KSA firms

 In the year ending September 30 2014, "Global Property Guide" reports that average home prices in Israel rose 6.43%, the eighth largest rate of home price rises of any country surveyed (Thomas Coex / AFP).
December 23rd, 2014 - 05:00 GMT

Expensive much? Israel has eighth largest rate of home price increase in the world

Saudi Arabia is the only GCC state to allow private investment in the petrochemical sector (File Archive/ AFP).
December 22nd, 2014 - 08:00 GMT

Slow going: KSA to spend $91bn to grow petchem sector

The one-trillion dollar cash pile, which only relates to companies rated by Moody’s, is predominantly held by cash-rich sectors like automotives, oil and gas and utilities (File Archive/ AFP).
December 22nd, 2014 - 06:00 GMT

Cash balances in MENA and Europe down 3% but still above financial crisis levels: Moody´s

Al Bawaba
December 22nd, 2014 - 05:00 GMT

Leading the way -- Qatar the first to receive Airbus A350

Al Bawaba
December 22nd, 2014 - 04:00 GMT

Technology to give rise to "Supertasker" -- report

Al Bawaba
December 22nd, 2014 - 02:00 GMT

Is a recession on the new year horizon for oil-concerned UAE?

The World Islamic Travel Summit will focus on the theme of  "driving the Halal tourism revolution" (File Archive/ AFP).
December 22nd, 2014 - 01:00 GMT

`Booming´ Halal tourism set to stun at 2015 summit in Abu Dhabi

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