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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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Last week, both 95-octane and 98-octane gasoline fell by LL800 and are now priced at LL26,400 and LL27,100 (17 USD and 18 USD).
December 17th, 2014 - 02:26 GMT

The happier side: fuel prices in Lebanon drop

The lira's tumble comes amid concerns about wider emerging-market weakness
December 17th, 2014 - 04:55 GMT

Backfiring? Turkish Lira hits record low amid media crackdown, Russia concerns

Alarab will feature expert opinion from renowned guests and never-before-seen social media interaction with its viewers, it said.
December 17th, 2014 - 04:55 GMT

Watch out, Al-Jazeera: Al-Waleed Bin Talal's new tv channel to air Feb. 1st

Al Bawaba
December 17th, 2014 - 04:55 GMT

Turkish defense firm launches Jordan subsidiary

Abdel Nour is expected to hold the council’s first meeting tomorrow to review future plans and the most important proposals for developing bilateral relations.
December 17th, 2014 - 01:36 GMT

A milestone? Egyptian-Chinese business council formed

Al Bawaba
December 16th, 2014 - 11:12 GMT

Finally, some happy news! Oil price drop likely to lead to lower airfares next year

Dana warned the KRG could face sanctions if the autonomous region failed to pay the money to its consortium,
December 16th, 2014 - 03:29 GMT

Missed deadlines: London arbitration court orders Kurdistan to pay Dana gas $100 million

Al Bawaba
December 16th, 2014 - 03:20 GMT

On FBI alert: Iran hackers 'may target US energy, defence firms'

Even at current oil prices, analysts estimate Qatar’s state budget might break even next year; it has huge fiscal reserves to cover any deficits.
December 16th, 2014 - 04:55 GMT

Confidence or denial? Qatar expects boom in economy despite oil price slide

Al Bawaba
December 15th, 2014 - 06:55 GMT

Slow and ‘stubborn’ wins the race? UAE minister says OPEC won’t change output even if oil hits $40

Prices are set to remain under $100 oil a barrel
December 15th, 2014 - 06:55 GMT

No complaining for oil importers! Jordan to revise 2015 budget based on lower oil prices

Al Bawaba
December 15th, 2014 - 04:55 GMT

Worse than adultery? Iran arrests 12 people for embezzling billions of dollars

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