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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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The price of benchmark North Sea Brent crude has dropped more than a quarter from a high above $115 per barrel
October 29th, 2014 - 07:29 GMT

'Don't Panic' says OPEC Secretary General

The report notes that children of single-parent families are in the worst situation.
October 29th, 2014 - 07:00 GMT

Another bad policy? Israel has fourth worst child poverty rate in the Western World

Al Bawaba
October 29th, 2014 - 05:55 GMT

Not just refugees: Leading Syrian businessmen to establish center for rebuilding Syria

Al Bawaba
October 29th, 2014 - 02:08 GMT

Scapegoating or economic reality? Syrian refugees claim 91% of Jordanian private sector jobs

Brent is set to average $85 a barrel in the first quarter, down from a previous forecast of $100.
October 28th, 2014 - 05:56 GMT

A self-fulfilling prophecy? Not really. Goldman Sachs slashes oil price forecast, brings prices further down

Al Bawaba
October 28th, 2014 - 05:30 GMT

First Macy's outside the US to open in the UAE

Al Bawaba
October 28th, 2014 - 05:16 GMT

Do something! US urges Arab Banks to choke IS funding

Al Bawaba
October 28th, 2014 - 04:50 GMT

A burst bubble? IMF says Dubai risk for property market crash mildens

In launching Apple Pay, the iPhone maker hopes to lock in more customers for its mobile devices by enhancing their overall utility.
October 28th, 2014 - 01:42 GMT

Apple CEO fires back as retailers block mobile payment service

Al Bawaba
October 28th, 2014 - 09:13 GMT

For first time since the downfall of Baghdad, Iraq's economy is set to shrink

Al Bawaba
October 28th, 2014 - 04:55 GMT

Keep calm and carry on? IMF says GCC economies set to grow 4.5% in 2014-2015

Al Bawaba
October 28th, 2014 - 04:55 GMT

From forgery to visa problems: 100 Saudi students expelled from US universities each year

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