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Gold price
March 23rd, 2026 - 08:16 GMT
Sally Shakkour

Sally Shakkour

Gold falls to its lowest price since December 2025

ALBAWABA - The gold price dropped below $4,200 on Monday for the first time since December 2025. The price of gold reached $4,120 per ounce as of 0720GMT, marking a decrease of 7.8 percent compared with Friday. According to the Anadulo Agency, last week, the price of gold saw the biggest weekly drop since 1983, dropping by over 10 percent. Nonetheless, the price of silver also fell by 8.3 percent ...
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Analysts expect a correction in oil to the $59 level of support. See this chart. (Shutterstock)
February 8th, 2018 - 11:38 GMT

Oil Prices to Correct to $59, Say Analysts [CHART]

Tunisia, Sri Lanka and Trinidad and Tobago are now on the EU's money laundering blacklist. (Shutterstock)
February 8th, 2018 - 11:07 GMT

Tunisia Fires Central Bank Governor for 'Turning Blind Eye to Money Laundering'

Several years ago, 'middle class' as a political and social concept was not in circulation in Jordan. Things are different now. (AFP/ File)
February 7th, 2018 - 06:00 GMT

Opinion: Taxes in Jordan, a 'Middle Class' Business

Turkey produced 37.5 million tons of crude steel in 2017, according to industry body. (Shutterstock)
February 7th, 2018 - 04:00 GMT

Turkey’s Crude Steel Production Hits Historic High: Report

The sharp decline in world's stock markets in recent days will not lead to postponing the issuance of bonds by Egypt, according to a source at the Central Bank of Egypt. (Pictured here: Egyptian President Abdel Fattah el-Sisi/ AFP)
February 7th, 2018 - 02:29 GMT

Stock Markets Crisis Will Not Affect Egypt’s Bonds Issuance: Central Bank

A weak dollar means the potential for a global currency war is strong. (File photo)
February 7th, 2018 - 12:05 GMT

Opinion: A Currency War Is Taking Shape Around a Weak Dollar

Turkey intends to do its own 'unique work' on cryptocurrency, Deputy Prime Minister Mehmet Simsek said on Tuesday. (Pixabay)
February 7th, 2018 - 11:45 GMT

Turkey Has 'Unique Plans' for Cryptocurrency, Says Minister

After banking on oil for decades, Saudi Arabia is now trying to tie its future to another resource it has in abundance: sunlight. (File photo)
February 7th, 2018 - 11:27 GMT

From Oil to Solar: Saudi Arabia Rolls-Out a New Energy Plan

In 2013, Jordan and Iraq agreed on the idea of the 1,700-kilometer (1,000-mile) pipeline to run from Basra to Aqaba at a cost of $18 billion. (Shutterstock)
February 7th, 2018 - 09:02 GMT

Iraq, Jordan Agree on Basra-Aqaba Oil Pipeline

The sell-off across world stock markets on Monday sent investors rushing into the dollar, helping the US currency perform well against the euro, British pound and other commodity-linked currencies. (Jewel Samad/ AFP)
February 6th, 2018 - 12:55 GMT

From Dow Jones to Bitcoin: Top 5 Things You Need to Know Today

The new housing policy is part of Prince Mohammed bin Salman’s Vision 2030 for economic transformation in Saudi Arabia. (File photo)
February 6th, 2018 - 12:08 GMT

Saudi Arabia Spends $32 Billion to Privatize Its Housing Market: Bloomberg

Japan's Nikkei 225 index fell 7.1 percent to 21,087.71 by early Tuesday afternoon, after a wild day for U.S. stock markets. (AFP)
February 6th, 2018 - 11:37 GMT

Asian Markets Fall as Dow Jones Suffers Worst Day in Six Years

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