Silver prices have surpassed the $100 per ounce mark, equivalent to about 38 Bahraini dinars during yesterday's trading, marking the first time the precious metal has reached this historic level, amid strong demand and a rush to buy from individual investors and institutions.
Major finance.
Precious metals.
The price of a one-kilogram silver bar recorded about 1478 Bahraini dinars in local markets, reflecting a significant increase in demand.
On bullion and traditional metal investments. As for gold, the ounce of gold neared the $5,000 barrier, as it recorded $4,985, which is equivalent to about 1,891 Bahraini dinars per ounce, amid intense moves by investors seeking a safe haven in
In local markets for Friday, the price of a gram of 24-karat gold was about 61 dinars, and 21-karat about 54 dinars, and 18-karat about
46 dinars.
Additionally, stocks closed worldwide, specifically in Europe, down yesterday, recording losses amid the Greenland crisis.