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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
August 27th, 2014 - 05:55 GMT

Bahrain's GFH signs $105 million loan deal with Kuwait Finance House

Dubai’s households spend between Dh37,000 and Dh85,000 each year
August 27th, 2014 - 05:24 GMT

Spend, spend, Spend! Dubai retail sector set to grow by $41 billion in 2014

Al Bawaba
August 26th, 2014 - 10:42 GMT

Adnoc Distribution buys 34 service stations in the UAE

The national parliament, early this month, passed the SSP 11.279 billion, up by 8% SSP 0.876 billion from the 2013/14 budget
August 26th, 2014 - 09:02 GMT

Not a big enough budget: Development projects underfunded in South Sudan

Al Bawaba
August 26th, 2014 - 08:46 GMT

Saudi firms offer training programs to boost employment figures

Al Bawaba
August 26th, 2014 - 08:31 GMT

Construction permits issued in Beirut drop by 0.2 percent

Al Bawaba
August 26th, 2014 - 07:05 GMT

China loves Abu Dhabi! 189 percent rise in Chinese visitors to the Emirate

Oman uses two different contracts to sell its crude
August 26th, 2014 - 05:58 GMT

Oman's crude exports to China soar by 17.7 percent

Al Bawaba
August 26th, 2014 - 05:56 GMT

Saudi investments in Sudan to hit $13 billion

Al Bawaba
August 26th, 2014 - 05:52 GMT

Goal!!! UK construction firms win World Cup contracts in Qatar

Al Bawaba
August 25th, 2014 - 11:42 GMT

Leading Dubai firm awarded Petrofac contract

Al Bawaba
August 25th, 2014 - 11:20 GMT

Milk and one sugar. Saudis consume the most coffee in the world and it's a booming industry!

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