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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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Part of the explanation of the rise in unemployment is that many young people have come onto the job market but have not yet succeeded in finding employment.
August 3rd, 2014 - 01:07 GMT

As highest amongst OECD countries: Israel's unemployment rates jumps to 6.3%

Foreign investors were net buyers of LE609.1 million worth of shares, however the Egyptians were net sellers with LE603.7 million.
August 3rd, 2014 - 12:50 GMT

"Bushret Khair": Egypt's stocks hit highest level in 6 years post-Eid trading

The Ministry of Finance stressed in the report that the reforms made to the 2014/2015 state budget aim to stimulate the economy, boost employment rates and support social justice.
August 3rd, 2014 - 03:55 GMT

It's never over: Egyptian government preparing new stimulus package

Apple denied creating any "back doors" for intelligence agencies.
July 31st, 2014 - 07:14 GMT

Apple employees can see your texts, photos

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July 31st, 2014 - 03:00 GMT

The best of the worst: Iran's inflation stands at 25.3%

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July 31st, 2014 - 02:42 GMT

The tip of the iceberg: Gaza War to 'leave a dent' in the Israeli economy

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July 31st, 2014 - 01:48 GMT

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The report additionally forecast that Saudi oil reserves will rise to as much as 273 billion bbls by 2017.
July 31st, 2014 - 03:55 GMT

Saudi oil output to remain high by 'historical standards'

Exchange houses recorded a significant increase in remittances from the UAE during Ramadan as expatriates sent additional money to their home countries for Eid spending.
July 31st, 2014 - 03:55 GMT

Financing Eid back home? UAE expat remittances on the rise during Ramadan

Al Bawaba
July 30th, 2014 - 12:25 GMT

Making life easier for tourists? New visa system in place for UAE starting August 1st

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July 30th, 2014 - 11:30 GMT

The Domino effect? Major airlines reconsider flying over Iraqi skies post-MH17 downing

Al Bawaba
July 30th, 2014 - 11:19 GMT

Eid Mubarak, elsewhere: Middle East tourists biggest UK spenders post-Ramadan

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