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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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Tim Clark, president of Dubai’s Emirates, the world’s largest international airline by number of passengers, said domestic regulators worldwide may decide to be more involved in giving their carriers guidance on where it is safe to fly.
July 21st, 2014 - 03:55 GMT

Emirates calls for emergency global airline meeting post-MH17 disaster

Al Bawaba
July 21st, 2014 - 02:18 GMT

Cyprus takes effective of Lebanese bank over alleged Hezbollah linkages

The report also stated that the ministry is finding it difficult to employ experienced expatriates due to the low salaries being offered to them.
July 21st, 2014 - 02:00 GMT

What goes around, comes around? Saudization leading to 'shortage of experts'

Revenue generated through rents during the first half of the year increased by 39 per cent to Dh32.5 million, according to the company.
July 20th, 2014 - 02:54 GMT

Profiteering off rents: Kuwait's Mazaya reports 630% increase in year-to-year profits

Al Bawaba
July 20th, 2014 - 02:23 GMT

Dubai One TV channel suspends production

He added that Africa was a very promising market for Sabic and the company was focusing on opening distribution centres in a number of African countries.
July 20th, 2014 - 01:55 GMT

Right on spot: Sabic profits rise 7% despite imminent shale boom

Al Bawaba
July 20th, 2014 - 01:20 GMT

Here comes the canal: diversion of Dubai's Sheikh Zayed road commences

Once a top recipient of US military aid, Egypt lost most of its $1.3 billion a year package after the 2011 popular uprising that toppled Mubarak.
July 20th, 2014 - 03:55 GMT

Redirecting subsidy spending? France wins $1.35 billion military contract in Egypt

Al Bawaba
July 17th, 2014 - 11:42 GMT

Hell on earth? Doha's 'facelift' leaves migrant workers homeless on the streets

Launched at Farnborough on Monday, the neo plane is a revamped version of the A330, sporting engine upgrades to provide more economical long-haul travel.
July 17th, 2014 - 11:32 GMT

Emotionally blackmailing Airbus? Qatar orders $40 billion worth of Boeing aircrafts

Al Bawaba
July 17th, 2014 - 03:13 GMT

Banking on stability? Arab Bank posts 7% in profits

The $7 billion Kuwait Metro project is another vital project currently in the stages of design and supervision.
July 17th, 2014 - 03:05 GMT

Catching up to a 'construction rush'? Kuwait construction sectors to hit $17.5 billion by year end

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