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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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“The market has become more complacent about supply again. But complacency is dangerous. Given the geopolitical tensions, a spike in oil prices cannot and should not be ruled out.”
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During July, prices for vegetable, fruits, poultry and dairy products inched up by 7.4%, 3%, 4.8% and 4.6% respectively.
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August 11th, 2014 - 07:03 GMT

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Dubai-based brokerage Arqaam Capital last year valued OSN at $4.3 billion.
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Al Bawaba
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Feeling insecure: Hyundai, Doosan abdandon $1.5 billion project in Libya

They also accuse the bank of performing financial services for people affiliated with Hamas and other designated foreign terrorist organisations.
August 10th, 2014 - 10:47 GMT

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Al Bawaba
August 10th, 2014 - 01:18 GMT

'Jordan's debt can't go on forever'- IMF official

Meanwhile, an aviation analyst termed the Etihad’s deal with Alitalia risky and said Abu Dhabi-based airline will have to go all-out to make this deal work to achieve desire results by 2017.
August 10th, 2014 - 03:55 GMT

After $2 billion rescue deal with Etihad, Alitalia CEO ready to step down

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Here comes the new iphone 6...

Growth forecasts for seven countries in the Middle East and North Africa might be too rosy and consequently misleading according a World Bank report.
August 10th, 2014 - 03:55 GMT

World Bank declares MENA growth projections 'too rosy'

Al Bawaba
August 8th, 2014 - 07:30 GMT

Business marries politics: Mubarak-era Egyptian steel tycoon released on bail

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