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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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Jordan, which is the largest producer of digital games in the region, contributes about 60 per cent of the games developed in the Middle East.
December 2nd, 2014 - 04:22 GMT

Game on: Sony ready to cooperate with Jordan's local app developers

The regional projects tracker said for Qatar’s project market, the outlook from now to 2020 is extremely strong.
December 2nd, 2014 - 04:06 GMT

National Vision meets World Cup: Qatar's active projects at $285 billion

Time is the most important but under-appreciated variable in analysis and forecasts of commodity markets.
December 2nd, 2014 - 05:55 GMT

Forget shale for a moment: Opec’s big problem is weak demand

Al Bawaba
December 1st, 2014 - 11:45 GMT

Healthier tendencies: Saudi Arabia further liberalizes healthcare sector

96,599 Kuwaiti tourists have visited so far this year compared to 66,714 tourists during the same period in 2013
December 1st, 2014 - 11:33 GMT

A rekindled passion: Saudi tourists to Egypt skyrocket 98%

The feature, called "app graph," will allow the company to see what other applications users may have installed on phones or other devices.
December 1st, 2014 - 04:52 GMT

Reverse 'stalking': Twitter to keep track of apps downloaded by users

Al Bawaba
December 1st, 2014 - 04:16 GMT

Totally worth it? Infligh Wi-Fi services costing Emirates $20 million a year

Saudi Arabia’s bourse, where petrochemicals account for almost a third of total earnings, took the biggest hit among major markets,
December 1st, 2014 - 03:59 GMT

Panic mode: Gulf stocks 'bleeding'

Al Bawaba
December 1st, 2014 - 03:20 GMT

What non-oil reliance? Dubai braces for fifth recession warning as oil prices clash

The suspension could have major implications for Saudi companies and the auditing market in the kingdom.
December 1st, 2014 - 11:52 GMT

Saudi Arabia suspends Deloitte's auditing work due to 'mystery' cases

Both U.S. crude and Brent have fallen for five straight months, oil’s longest losing streak since the 2008 financial crisis.
December 1st, 2014 - 11:43 GMT

How low/long can it go? Oil officially hits 5 year low in longest losing streak since 2008

“The market will dictate the right sustainable and stable price. ... We need to allow enough time for market stability,” he added.
December 1st, 2014 - 05:55 GMT

The tyranny of the minority? OPEC output decision 'not good for all', says Iran

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