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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 12th, 2014 - 03:55 GMT

A leap forward: Bahrain installs hi-tech passenger boarding bridges

The government was “taking a diverse” approach to funding the infrastructure demands of Expo 2020 but declined to state specific details.
October 12th, 2014 - 03:55 GMT

The impending bonanza: Expo 2020 tenders to be issued in 2015

The programs for tackling unemployment have contributed to creating a parallel crisis in the labor market and disrupting the market.
October 12th, 2014 - 03:55 GMT

What's Saudization going to take? 30,000 jobs a year

With the World Cup just eight years away, the likelihood is that the market is only going to become bigger, it added.
October 10th, 2014 - 12:15 GMT

World Cup bonanza: Qatar infrastructure market to hit $30 billion for very first time

It was the sixth consecutive slip in the index, which FAO said was the longest period of continuous falls since the late 1990s.
October 9th, 2014 - 11:39 GMT

Time to appreciate the appreciating US dollar? World food prices dip to 4 year-low

The city, located 3 km to the west of the Prophet’s Mosque in Madinah, will cover an area of over 1.6 million sq m and accommodate 200,000 people.
October 9th, 2014 - 02:02 GMT

Redefining religious experiences: King Abdullah approves $13bn pilgrim megacity in Madinah

Al Bawaba
October 9th, 2014 - 01:41 GMT

A done deal: France to go ahead with Riyadh-sponsored $3 billion arms 'gift' to Lebanon

The total of the loan package has surged to $6.45 billion.
October 9th, 2014 - 03:55 GMT

Paying back the IMF only to borrow more? World Bank increases loan to Turkey by $2 billion

Egypt's economy has been hit by more than three years of political and economic turmoil following the 2011 uprising that toppled Hosni Mubarak after 30 years in power.
October 9th, 2014 - 03:55 GMT

Higher confidence: Egypt's business activity grows at near-record pace

Al Bawaba
October 8th, 2014 - 11:52 GMT

Another bubble burst for Scarlet Johansson? Sodastream shares collapsing

He added that the central bank will reimburse that sum in case the Qatari government requests the money back.Egypt's net international reserves inched up to $16.8 billion in August, but are expected to decline if Egypt returns the two deposits.
October 8th, 2014 - 02:20 GMT

Thanks, but no thanks: Egypt to return $500 million loan to Qatar

Al Bawaba
October 8th, 2014 - 12:59 GMT

The 'remarkable' trend continues: Oil demand drops on signs of weak demand, 'tremendous surge in US oil production'

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