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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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Development of the part jointly owned with the Saudis has been frozen for a year, according to Al-Rai.
November 3rd, 2014 - 05:55 GMT

First oil, now gas: Kuwait, Saudi Arabia in new conflict over energy

Al Bawaba
November 2nd, 2014 - 10:34 GMT

Mission 'regional hub' accomplished? Jordan sees highest airport traffic, ever

Al Bawaba
November 2nd, 2014 - 02:08 GMT

Lebanese jewelers Mouawad will design Victoria Secret's multi-million fantasy bra this year as well!

Al Bawaba
November 2nd, 2014 - 01:45 GMT

A twisted dynamic: Sharjah rental rates grow thanks to slowdown in Dubai's property market

The international rating agency said the revised outlook for Jordan's rating was supported by expectations that the Kingdom's fiscal and external balances will continue to improve.
November 2nd, 2014 - 01:11 GMT

Three years later: S&P is finally convinced that Jordan is stable

The agreement, signed in 2012, facilitated exporting Turkey’s goods to the Gulf and African nations through Egypt's mainland via Egyptian ports
November 2nd, 2014 - 05:55 GMT

Business or politics? Egypt cancels major trade agreement with Turkey

These stadiums, which will have a capacity of 45,000 spectators, will be built on the lines of the hitech King Abdullah Sports City located 50 km from Jeddah,
November 2nd, 2014 - 04:55 GMT

A new 'face' to the rivalry with Qatar? Aramco gets bid to $4 billion worth of soccer stadiums in Saudi

Al Bawaba
November 2nd, 2014 - 04:55 GMT

Beyond Harrod's and the Shard: David Cameron appeals to Qatar to invest in his country's infrastructure

Cyprus, a member of the European Union, is anxious to develop the gas reserves in its so-called exclusive economic zone -- an offshore region lying south of the island.
October 31st, 2014 - 12:01 GMT

Please stop: Greece, Egypt, Cyprus urge Turkey to quit 'illegal' gas search

Al Bawaba
October 31st, 2014 - 11:49 GMT

The leap beyond banking: halal vaccine market to hit $1.1 billion by 2030

Al Bawaba
October 30th, 2014 - 02:24 GMT

And they said BDS is BS! Sodastream shuts down factory as profits slide

Top officials said that they are not looking at demand on a year by year basis but what happens over the longer term.
October 30th, 2014 - 01:00 GMT

As if one wasn't enough: Dubai aiming for world's tallest twin towers

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