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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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Shell reached an agreement with the Ministry of Petroleum on shale gas pricing for which Shell will begin production trials soon.
November 11th, 2014 - 04:55 GMT

'Too costly': Shell to abandon water exploration in Egypt

.Zain Iraq, the country's No.1 mobile operator by subscribers, will launch long-awaited high-speed 3G services in January
November 11th, 2014 - 04:55 GMT

A long overdue 'gamechanger': Zain Iraq to introduce 3G to the country

Markets should not panic over the recent plunge of oil prices because the situation will resolve itself,
November 11th, 2014 - 02:01 GMT

Rational or delusional? OPEC boss says oil price situation will 'fix itself'

It will hire more than 500 captains and first officers over the next three years as part of its large-scale global campaign.
November 11th, 2014 - 01:21 GMT

Etihad airlines to go on pilot hiring rush

Al Bawaba
November 10th, 2014 - 05:20 GMT

Saudi Ministry of Labor fines over 74,000 firms

Al Bawaba
November 10th, 2014 - 04:55 GMT

WhatsApp new 'blue checks' feature already unpopular

Iran’s relations with the West have thawed since relative moderate Hassan Rouhani was elected president last year seeking to end Iran’s international isolation.
November 10th, 2014 - 12:47 GMT

History in the making? US, EU, and Iran commence nuclear negotiations in Oman

Al Bawaba
November 10th, 2014 - 12:33 GMT

A very 'disgruntled' friend: Kuwaiti investors threaten to prosecute Egypt in international courts

 S&P said that Oman and Bahrain were the most vulnerable to any drop in oil prices while Qatar and the UAE were the least vulnerable.
November 9th, 2014 - 11:53 GMT

Can the same be said about real estate? Dubai 'insulated' from oil price slide

According to various estimates, IS receives $1 million to $3 million from illegal transactions of Iraqi oil every day.
November 9th, 2014 - 05:55 GMT

Down the drain: Iraqi economy losing $1.2 billion each month on Kirkuk-Ceyhan pipeline

Al Bawaba
November 9th, 2014 - 04:55 GMT

El-Sisi to meet with largest US business delegation since 2011 revolution

Al Bawaba
November 6th, 2014 - 06:23 GMT

Maybe if you believe it enough, it will happen: OPEC says oil demand will soar 60%

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