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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 22nd, 2014 - 11:26 GMT

Egypt goes against the local grain, buys 300,000 tonnes of Russian and French wheat to feed its masses

Al Bawaba
December 22nd, 2014 - 10:00 GMT

Microsoft and Du to partner over online shopping

Al Bawaba
December 22nd, 2014 - 09:57 GMT

Debunking the sleepy Arab myth! Almost 90% of MENA employees work their holidays down the drain-- report

Al Bawaba
December 22nd, 2014 - 08:36 GMT

Oman Air wins top airline 2014 for economy class

The new visa system would garner huge revenues for the regional tourism sector and help facilitate financial and administrative procedures.
December 22nd, 2014 - 04:55 GMT

Wise words: "Expats should be allowed to travel around GCC," says official.

Al Bawaba
December 22nd, 2014 - 04:55 GMT

Quick Survey: what smart phone was 2014's best?

The figure does not include the cost of services and infrastructure borne to accommodate refugees in the hosting countries.
December 22nd, 2014 - 01:51 GMT

Daesh has cost 6 of the Middle East's economies a total of $35 billion, says World Bank

Al Bawaba
December 21st, 2014 - 05:43 GMT

Winners and losers: Declining oil prices to close Egypt's budget gap by $5.5 billion

Al Bawaba
December 21st, 2014 - 05:37 GMT

A much-needed compensation: UN asks Israel to pay Lebanon $865 million

The long-awaited contract, announced late Friday by the US Department of Defense, includes spare parts and is due to be completed by April 30, 2019.
December 21st, 2014 - 01:48 GMT

Long-awaited 'goodies': Qatar buys $2.4 billion worth of patriot missiles

Al Bawaba
December 21st, 2014 - 04:55 GMT

Gulf states brace themselves for $350 billion historic loss as oil plunge remains unabated

According to the report, there were 998,100 government employees in the Kingdom consisting of 991,000 Saudi men and women.
December 19th, 2014 - 01:51 GMT

First Saudization, now 'womanization'? More women to occupy top government jobs, says Saudi government

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