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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 18th, 2014 - 10:26 GMT

The Lion's share: Saudi Arabia captures 53% of Dubai's real estate investments

The upcoming tripartite talks between Egypt, Ethiopia and Sudan were initially planned to take place in Cairo but were later moved to Khartoum.
August 18th, 2014 - 10:19 GMT

Cutting the dam drama short? Egypt announces 'new vision' for Ethiopia's dam

But taking into account the depreciation of the Syrian pound against the U.S. dollar, the results show a steeper decline of nearly 77 percent.
August 18th, 2014 - 03:55 GMT

Lebanese banks in Syria hit hard

The Saudi woman should be the sole breadwinner for the family and not her husband. In the second case,
August 18th, 2014 - 03:55 GMT

Saudi women married to expats to finally receive housing support.....under a series of ridiculous conditions

Apple is still allowing use of the two chemicals during the early production phases of its products — activities that primarily take place at hundreds of other factories besides the ones responsible for the final assembly of the devices.
August 18th, 2014 - 03:55 GMT

More than six iPhones later: Apple bans use of two toxic chemicals in product assembly

Al Bawaba
August 17th, 2014 - 07:43 GMT

Israel's economy just stopped growing

The oil share of GDP remained however near its recent highs at 66 per cent (including refining).
August 17th, 2014 - 07:31 GMT

Regaining momentum? Non-oil activity raises Kuwait's GDP to $175 billion

The inspectors conducted a comprehensive survey on the tea sales in Abu Dhabi.
August 17th, 2014 - 07:18 GMT

No hallucinators included: Lipton Tea exonerated in Abu Dhabi

Suez Canal investment certificate yields will be paid to certificate-holders from annual revenues, after one year of drilling the canal, Governor of Central Bank of Egypt Hisham Ramez announced Friday.
August 17th, 2014 - 06:35 GMT

Luring investors: Suez Canal 'investment certificate' to guarantee 12% yield

Gore, 66, and Joel Hyatt, another former Current TV owner, accused Al Jazeera American Holdings I Inc. of fraud and breach of contract.
August 17th, 2014 - 10:23 GMT

More American wrath: Al Gore sues Al-Jazeera for fraud

Jordan consumes about 500 million cubic feet of natural gas per day for production of electricity, the minister said.
August 17th, 2014 - 10:02 GMT

Jordan to import one third of its natural gas needs from the Gaza Strip by 2017

Jewelry remains the biggest component of gold demand, representing more than half of all demand at 510 tons.
August 17th, 2014 - 03:55 GMT

Gold demand loses luster by 30%

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