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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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Middle East investors bought 87 per cent of the Goldman sukuk, while 11 per cent went to Europe and two per cent to Asian investors, a document from lead arrangers showed.
September 18th, 2014 - 12:57 GMT

Makes sense? Middle Eastern banks buy vast majority of Goldman Sachs' sukuks

Qatar has issued a new law to regulate charities in the Gulf state amid growing concern in the West over funding received by Islamic State militants.
September 18th, 2014 - 03:55 GMT

Acquesing: Qatar to 'regulate' charities to avoid IS funding

Etihad has forged 47 codeshare partnerships with different airlines globally, 21 in Europe alone.
September 18th, 2014 - 03:55 GMT

A European legacy of distrusting Gulf airlines? Global airlines alliance model 'fractured', says Etihad CEO

But Egypt wants long-term investments to improve the country's economy, which has been suffering ever since an uprising toppled President Hosni Mubarak in 2011.
September 18th, 2014 - 12:23 GMT

High expectations: Egypt's economy to grow 6% in the new 3 years, says finance minister

Al Bawaba
September 17th, 2014 - 04:14 GMT

On top of the world: UAE tops the world in terms of billionaire growth

Meanwhile Qatar’s emir also asserted that his country does not finance any terrorist organisations in Syria or Iraq and has never done so
September 17th, 2014 - 04:02 GMT

Angela Merkel wants her country to cooperate with Qatar over energy

The foundation work for the state-of-the-art school has begun at a cost of BD4.6 million ($12.2 million), it added.
September 17th, 2014 - 03:22 GMT

Bahrain starts work on massive school project

Al Bawaba
September 17th, 2014 - 03:11 GMT

Gaza War to end seven years of consecutive growth in Palestinian economy

Although housing prices have continued to surge throughout the year, prices have also soared, particularly in İstanbul and other major urban centers.
September 17th, 2014 - 01:49 GMT

Time to reconsider the vacation house? Istanbul housing prices up 21%

Al Bawaba
September 17th, 2014 - 04:55 GMT

Mixed signals: China's FDI levels hit two year low

 These meetings form part of the mandatory updates required to be provided to the BIE as Dubai prepares for the submission of all requirements to seek formal approval at the next critical registration phase in November 2015.
September 17th, 2014 - 04:55 GMT

Expo 2020 plans under review

The Suze Canal
September 17th, 2014 - 03:55 GMT

How many investment certificates will it take? Suez Canal project to cost $220 billion over 15 years

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