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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
July 23rd, 2014 - 07:21 GMT

Saudi to allow foreign investment in kingdom's stock market

 The new restaurant offers a fast casual dining experience from its build your own wraps, to its locally sourced salads and indulgent desserts
July 23rd, 2014 - 02:55 GMT

True 'globalization'? Just Falafel headed to Australia

These included a number of petrochemical projects and research initiatives for the exploration of mineral wealth.
July 23rd, 2014 - 02:38 GMT

Aiding through investing: Egypt proposes $540 million worth of petrochemical plants to the UAE

Egypt is finalising the details of a long-awaited unified licence which will allow firms to offer both mobile and landline telecommunications.
July 22nd, 2014 - 03:22 GMT

Vodafone Egypt to invest $1.3billion over 3 years

Al Bawaba
July 22nd, 2014 - 04:55 GMT

Toughening up: Iran restricts employment of foreigners

 Major global stock markets fell and bond prices ralliedas worries over conflict in the Gaza Strip and Ukraine raised uncertainty for investors and kept them away from riskier assets.
July 22nd, 2014 - 03:55 GMT

Poetic justice? Global stocks plunging on Gaza attacks

Al Bawaba
July 22nd, 2014 - 03:55 GMT

Perhaps setting a minimum is more pressing? Egypt sets 'maximum wage'

In the long-term, the project will see parks have playing equipment installed for children with special-needs.
July 21st, 2014 - 08:28 GMT

Adding inclusivity to the list: Dubai to have disabled-friendly parks by 2016

The report states that the electricity tariff in Saudi Arabia is the lowest in the world because of governmental loans and support to electricity production companies through supporting fuel prices.
July 21st, 2014 - 08:04 GMT

Saudis to no longer pay cheapest electricity bills in the world?

“Saudi businessmen who visit Jordan for investment and trade often fall victim to fraud,” he explained, adding: “We strongly advise our citizens to seek legal consultation here in the embassy free of charge.”
July 21st, 2014 - 02:10 GMT

A 'top priority'? property of Saudis in Syria 'still safe'

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

A bottomless pit? Suspended Arabtec stocks tumble further, drag Dubai's main index down

The number of jobless Jordanians is expected to reach 400,000 in 2030 if the unemployment rate continues at its last year’s rate of 12.6 per cent
July 21st, 2014 - 03:55 GMT

A result of a 'culture of shame'? Jordan to have 400,000 unemployed citizens by 2030

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