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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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Saudi Arabia is one of the foremost investors in Egypt, with investments exceeding $26bn.
November 25th, 2014 - 04:55 GMT

Saudi investors in Egypt disgruntled with 'legal chaos'

Al Bawaba
November 25th, 2014 - 01:46 GMT

Less rooms, more PDA? Dubai faces major hotel challenge

The conference aims to profile investment opportunities in Egypt's various sectors.
November 24th, 2014 - 11:52 GMT

The selfless friend? Dubai to host 'Invest in Egypt' conference

Despite the harsh criticism against Israel, the government did not attempt to block big land sales to Israelis.
November 24th, 2014 - 04:55 GMT

They clearly have a 'thing' for land: Israeli purchases of Turkish land skyrocketing

Al Kaf was the Gulf’s longest-serving CEO in the sector, taking the helm at Mobily in 2005 after 19 years at UAE’s etisalat.
November 24th, 2014 - 12:27 GMT

Saudi Mobily fires CEO over 'shocking' accounting errors

Al Bawaba
November 23rd, 2014 - 01:22 GMT

UAE banks banned from doing business with Muslim Brotherhood

 
Total cost would be between $1.5-$2 billion, the company said, and supplies to Egypt would start flowing in 2017
November 23rd, 2014 - 04:55 GMT

Israeli Tamar Gas to 'reach out' to Egypt with new pipeline

Al Bawaba
November 20th, 2014 - 04:25 GMT

Abu Dhabi Grand Pix tickets sell out at racing speed!

Al Bawaba
November 20th, 2014 - 04:01 GMT

The best PR firm there is? Disney comes to Egypt, sends 'happy' message to investors

Çelik noted that the government plans to amend the existing law in order to give companies that have not yet acquired a specialist extra time to comply.
November 20th, 2014 - 04:55 GMT

470,000 lack workplace safety in Turkey

Al Bawaba
November 20th, 2014 - 04:55 GMT

Better than London and New York: Dubai ranks as top city to work in

The region's airlines are securing funds as they take delivery of what Boeing has forecast to be a need for 2,610 aircraft by 2033,
November 20th, 2014 - 04:55 GMT

Part of a $550 billion 'explosion': Gulf airlines splurge on 16 new aircrafts

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