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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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Baghdad has tried to block the KRG from exporting oil on its own, citing a constitutional clause making the central government responsible for oil shipments and revenues.
August 24th, 2014 - 03:55 GMT

The fine line between confidence and audacity: Kurdistan 'ready to quadruple" its oil exports

is Majesty King Abdullah on Thursday urged the private and public sectors to join efforts to define the priorities of the 10-year economic plan he asked the government to draft.
August 24th, 2014 - 03:55 GMT

Not politics, nor security: Jordan's troubles are economic, says King

Al Bawaba
August 21st, 2014 - 10:56 GMT

Millions of Android users in the Middle East are at hacking risk and here's why

Al Bawaba
August 21st, 2014 - 10:28 GMT

$200 million worth of 'bad investments' later, judge rules in favor of Al-Kharafi family

Sheika Fatima also urged Emirati youth to be rational towards wedding expenditure, saying that overspending often leads to negative effects on family stability.
August 21st, 2014 - 10:18 GMT

Tying the knots: Marriage fund in the UAE to establish mass weddings

“I would still go because I know those places and I know what to wear when going to them,” she said.
August 21st, 2014 - 02:27 GMT

For once, the travel warning is the other way around: UAE government warns citizens against Central London

The ministry cancelled the projects due to the grid’s constraints at present and inability to absorb more loads, Hamed said in a phone interview this week.
August 21st, 2014 - 01:34 GMT

Gone with the wind: Jordan cancels plans to build 5 additional wind power plants due to lack of support from the Gulf

“Following consumer feedback, we’ve now taken this a step further by bringing our waterproof expertise to a mid-range smartphone for the first time with Xperia M2 Aqua,” he added.
August 21st, 2014 - 03:55 GMT

Sony introduces 'world's most waterproof phone'

Al Bawaba
August 21st, 2014 - 03:55 GMT

Not getting anywhere: Saudization poses challenge for transport sector

Jordan Tourism Board CEO Abed Al Razzaq Arabiyat said having “such a magnificent golf course designed by one of the finest ‘Green’ designers in the world as Greg Norman, means a lot to Jordan’s tourism sector.”
August 21st, 2014 - 03:55 GMT

Getting fancy: Jordan's impending 18-hole golf course to be one of three most eco-friendly in the world

A U.S. law called Children’s Online Privacy Protection Act, or COPPA, imposes strict controls on the collection and use of information about children under 13.
August 20th, 2014 - 08:08 GMT

The best kind of users? Youtube, Gmail considering introducing accounts for children

 Libya's return to the market has hit oil prices, which slumped to a four-month low in London on Monday before recovering in Asian trade on Tuesday.
August 20th, 2014 - 07:41 GMT

Despite being on the brink of collapse, Libya is slowly returning to oil production

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