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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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Al Bawaba
October 23rd, 2014 - 03:55 GMT

An identity crisis? Khamenei denounces Iran's oil reliance

One-year dollar/Saudi riyal forwards jumped to 90.0 points, their highest level since a peak of 91.50 points hit in March 2011.
October 22nd, 2014 - 10:44 GMT

More peculiarity: Saudi riyal falls sharply against US dollar

Work on the dome, which consists of 85 super-sized steel elements and weighs 7,000 tonnes, began in December 2013.
October 22nd, 2014 - 03:55 GMT

7,000 tonnes dome structure installed: Abu Dhabi reports progress on Louvre project

can cover the country’s needs for around 275 years, according to Khaled Shraideh.
October 21st, 2014 - 09:29 GMT

Myth or reality? 'Oil shale reserves can cover Jordan's needs for 275 years'

Shoukry believes that, besides the GCC, Jordan represents approximately 80% of total Arab tourism to Egypt.
October 21st, 2014 - 08:47 GMT

Really happy to see Sisi? 400% tourism growth from UAE, Saudi Arabia and Jordan to Egypt

Al Bawaba
October 21st, 2014 - 08:12 GMT

A global oil giant lost: Total CEO dies in drunkdriving Moscow runway collision

Al Bawaba
October 21st, 2014 - 10:16 GMT

US-driven quest against money laundering: Standard Chartered to close thousands of UAE accounts

On 31 January 2011, Moody’s downgraded the government bond rating for Egypt from BA2 to BA1, and changed the outlook from stable to negative
October 21st, 2014 - 03:55 GMT

Not so moody anymore? Moody's upgrades Egypt's rating to 'stable'

 North America's shale boom has started to squeeze Saudi oil out of the US market,
October 20th, 2014 - 10:21 GMT

What market share? Saudi oil exports fall to lowest level in three years

Al Bawaba
October 20th, 2014 - 03:55 GMT

Fifty years later, things get tense: Kuwait union slams Saudi 'unilateral' halt to joint output

Al Bawaba
October 20th, 2014 - 03:55 GMT

Could the trend be reversing? Dubai rents fall for first time since 2012

The two-week trip sets back each participant at least £9,000 ($14,333) and some as much as £25,000 including.
October 19th, 2014 - 11:51 GMT

Historic luxury: $14000 Budapest-Tehran train ride launched

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