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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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Oil in October fell below $83 a barrel and on Tuesday reached $80.46, its lowest since 2010.
November 13th, 2014 - 04:55 GMT

Giving in? OPEC finally admits reduced oil demand in 2015

Al Bawaba
November 12th, 2014 - 09:07 GMT

Real estate sales in Kuwait sky rocket to $1.27 billion

Al Bawaba
November 12th, 2014 - 08:39 GMT

Abu Dhabi firm wins major $3 billion deal for Nasr Field project

Al Bawaba
November 12th, 2014 - 07:57 GMT

Turns out it’s not true! Yahoo denies closing Dubai headquarters

Al Bawaba
November 12th, 2014 - 07:30 GMT

Spreading its wings: Top UAE engineering firm to expand in GCC and Iraq

Al Bawaba
November 12th, 2014 - 06:53 GMT

Spicing it up: Indian entrepreneur to invest $266.5 million in Saudi phrama sector

Al Bawaba
November 12th, 2014 - 04:55 GMT

ISIL may have smuggled oil into Turkey- using donkeys

Annual inflation reached its highest rate in nearly four years a year ago, then began falling until the fuel price hikes in July.
November 11th, 2014 - 09:04 GMT

A politically 'sensitive' figure: Egypt's consumer inflation rises to 11.8%

Kuwait has no plans to cut its own crude production, which should increase to 4 million barrels from a current by 2020,
November 11th, 2014 - 07:20 GMT

Keep calm and carry on: OPEC will not slash oil output

Al Bawaba
November 11th, 2014 - 06:21 GMT

London's 'suggestive' Gherkin tower sold to Safra Group

"We need to put policy on it. We need to put an order to it so we can do something regarding consumption."
November 11th, 2014 - 02:01 GMT

The tide is shifting: Petrol subsidy reform looms over Kuwait

“The Shah Gas Project is on track to commence production in 2014."
November 11th, 2014 - 01:29 GMT

The worst time possible? UAE invested $70 billion to boost oil an gas output

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