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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 7th, 2014 - 12:05 GMT

$750 billion worth of reserves not good enough? Saudi Arabia downgraded to 'stable' over oil crash

Al Bawaba
December 7th, 2014 - 05:55 GMT

The iron giant? UAE tops world in iron consumption

The Sheraton Hotel is one of the prominent landmarks in Qatar, which has hosted numerous Arab conferences and GCC summits.
December 7th, 2014 - 05:55 GMT

Qatar achieves largest and fastest restoration of a GCC summit hotel

Al Bawaba
December 7th, 2014 - 04:55 GMT

Optimistic and expecting? Iran to manufacture thearupeutic ultrasounds for the first time

The cash bid, pitched at 350 pence per share, compared with the previous 295-pence-per-share or £2.2-billion offer that was rejected last month.
December 7th, 2014 - 04:55 GMT

Owning less of London: Qatar's bid for Canary Wharf Island rejected

Oversupply could rise next year when Iraq starts to export more oil because of an agreement between Baghdad and the Kurdish regional government.
December 7th, 2014 - 04:55 GMT

Plunging once again: oil prices go below $70 thanks to Saudi move

Brent crude oil steadied around $70 a barrel on Thursday as investors searched for a stable price range after a near 40 per cent fall since June.
December 4th, 2014 - 11:44 GMT

Oil steadies at around $70 dollars, further fall still possible

Lufthansa’s loss will be to Gulf carriers’ gain with Emirates, Qatar Airways and Etihad, in tandem with partner Air Berlin, likely to scoop up traffic.
December 4th, 2014 - 10:12 GMT

Gulf flights disrupted by Lufthansa pilot strike, others to win big

Al Bawaba
December 4th, 2014 - 04:19 GMT

Very conditional help: Saudi Arabia suspends essential aid to Yemen after Houthi takeover

Al Bawaba
December 4th, 2014 - 03:44 GMT

Nshallah! Egypt rises 20 points in corruption index

Al Bawaba
December 4th, 2014 - 05:55 GMT

Band-aid solution? Saudi Arabia to tighten 2015 budget after oil crash

Iran was formerly Peugeot's second largest market by volume and one in four cars in the country carries the Lion brand.
December 4th, 2014 - 04:55 GMT

Taking the driver's seat: Peugeot holding 'intense' talks to return to Iran

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