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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 19th, 2014 - 01:45 GMT

Backing out? Etihad 'not interested' in buying anymore Airbus A380 aircrafts

Al Bawaba
December 19th, 2014 - 12:29 GMT

Qatar won't do it? Bahrain to start importing gas from Russia in 2017

Al Bawaba
December 19th, 2014 - 12:24 GMT

Jordan's 'investment window' to open in 2015

The rating comes as brent crude price dropped below $60 per barrel on Tuesday
December 19th, 2014 - 12:07 GMT

Fitch is convinced that GCC is 'stable', despite oil price slide


Kuwait Energy holds a 49.5 per cent revenue interest in the East Ras Qattara development lease
December 18th, 2014 - 11:58 GMT

A 'Jurassic' discovery: Kuwait Energy finds new hydrocarbon site in Egypt

Al Bawaba
December 18th, 2014 - 04:55 GMT

$49 billion wiped off: Gulf shares 'shattered' as oil price dive deepens

Al Bawaba
December 18th, 2014 - 04:55 GMT

Hola $5.4 trillion GDP! Lebanon signs Latin American Free Trade Agreement

The kingdom is the largest economy in the Arab world, and OPEC’s biggest crude producer.
December 18th, 2014 - 04:55 GMT

Stubborn, delusional, or both? Saudi Arabia to keep up 'massive' public spending package despite oil price crash

He also said OPEC would need to see how badly the market was oversupplied and for signs of demand picking up.
December 17th, 2014 - 06:18 GMT

Playing with oil? OPEC signals 'wait and see' approach could last a year

Al Bawaba
December 17th, 2014 - 06:11 GMT

The prophecies keep getting worse: Emirates CEO says oil prices could fall as low as $30

The Egyptian government has finished upgrading the airport in the resort town of Hurghada,
December 17th, 2014 - 05:39 GMT

Egypt doubles Red Sea airport capacity in anticipation of more tourists

Al Bawaba
December 17th, 2014 - 03:17 GMT

Dubai rents are far from affordable, but have at least 'stabilized'

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