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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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Hidden, or indirect, taxes for goods including food, gasoline, cars and cellular phones in Turkey have reached record-breaking levels based on European standards,
August 8th, 2014 - 01:20 GMT

Turkey's hidden tax reach 'record-breaking' levels

Al Bawaba
August 7th, 2014 - 01:47 GMT

After the Expo, anything is possible: Dubai planning olympic bid in 8 years

Al Bawaba
August 7th, 2014 - 10:13 GMT

Hariri unveils $1 billion dollar grant from King Abdullah

The latest US country report on terrorism said there were increased reports in 2013 of Kuwait-based private individuals funnelling charitable donations.
August 7th, 2014 - 10:03 GMT

Kuwait clamps up on 'Islamic' charities

Al Bawaba
August 7th, 2014 - 03:55 GMT

New canal, new beginning? Egypt's stocks climb to six-year over unveiling of Suez mega project

Al Bawaba
August 6th, 2014 - 10:13 GMT

Probably not in the Arab Spring economies: Infiniti sales are up 31%

Al Bawaba
August 6th, 2014 - 11:19 GMT

Expensive Saudization: Labour Ministry asks for $4 billion in labor reforms

Al Bawaba
August 6th, 2014 - 11:02 GMT

It works: US brands feeling boycott threat over Gaza outrage

Turkey's economic growth beat expectations in the first quarter of 2014 by registering a 4.3 percent year-on-year expansion in its gross domestic product (GDP),
August 6th, 2014 - 03:55 GMT

Too moody? Moody's comes under fire ahead of Turkey rating

 
Trade between Iran and Turkey jumped sharply in 2013 compared to the decade ending in 2012.
August 5th, 2014 - 08:21 GMT

Playing Iran and Israel at the same time? Turkey aims for $35 billion worth of trade with Tehran

The $150 million power plant — which will be the largest PV facility in the Middle East — is one of the main projects in Jordan’s plan to diversify its power generation portfolio.
August 5th, 2014 - 08:01 GMT

It's always sunny in Jordan: US company to introduce solar energy in Ma'an

Market observers said the proactively worded statement was a political ploy made just days before Turkey prepares to elect its president directly for the first time in the history of the republic.
August 5th, 2014 - 08:01 GMT

Playing to the audience as elections loom? Turkey threatens to backtrack on three Israeli pipelines over Gaza attacks

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