This is Beirut, 12:20 - Reading : 4 minute(s)
Israel Middle East Oil Gold Price
Oil prices retreated on Monday as fears of a wider Middle East conflict eased even as Israel and Iran pounded each other with missiles for a fourth day and threatened further attacks. Gold prices rose back towards a record high thanks to a rush into safe havens but equities were mixed amid hopes that the conflict does not spread. Investors were ...
Liliane Mokbel, 07/06 15:30 - Reading : 2 minute(s)
In times of crisis, gold stands as the ultimate pillar of stability. Timeless, reassuring and resistant to passing trends, it shines brighter as financial markets falter. But a critical question remains: which form of gold offers better protection in turbulent times — jewelry or bullion? And is resale truly profitable? Historically, when ...
This is Beirut, 05/05 10:45 - Reading : 1 minute(s)
As gold prices surge to historic highs, surpassing $2,300 an ounce amid mounting geopolitical tensions and economic uncertainty, Saudi Arabia announced a major gold discovery that could further cement its position in the global mining sector. Saudi Arabia’s state-owned mining company Ma’aden revealed the discovery of significant gold deposits ...
This is Beirut, 01/05 10:35 - Reading : 1 minute(s)
Hassan Nasrallah Hezbollah Gold Coin
Since the assassination of former Hezbollah Secretary-General Sayyed Hassan Nasrallah, a gold rush of sorts has swept through Beirut’s southern suburb, with a surge in demand for items bearing his image. Books, medallions, and even gold coins and bars are flying off the shelves. According to information obtained by This is Beirut, local ...
Christiane Tager, 23/04 10:30 - Reading : 2 minute(s)
United States Markets Investment Gold
After Easter opened a turbulent week for financial markets. The world’s main stock exchanges recorded significant losses, despite a few timid attempts to bounce back. This instability is unfolding in an atmosphere weighed down by geopolitical tensions and persistent fears of a global‑growth slowdown. Meanwhile, gold moved sharply in the ...
This is Beirut, 16/04 11:15 - Reading : less than a minute
A sign of lingering market anxiety, gold — the ultimate safe-haven asset — continues to attract investors fleeing riskier assets and climbed on Wednesday to a new all-time high of $3,275 per ounce. “High uncertainty, along with increased central bank buying and expectations of rate cuts by the US Federal Reserve, continues to support ...
Liliane Mokbel, 12/04 12:00 - Reading : 1 minute(s)
lebanon Gold exports imports dollars
The demand for precious metals in Lebanon continues to grow. According to data from the Economic Studies Center of the Beirut and Mount Lebanon Chamber of Commerce, Industry and Agriculture (CCIAB), imports of precious metals (customs classification) reached $2.572 billion in 2024, marking an increase of $46 million compared to the previous ...
Liliane Mokbel, 11/04 19:15 - Reading : 3 minute(s)
Gold Silver International Markets
The gold rush is now mirrored by a growing fervor for silver. Investors are increasingly flocking to precious metals as safe havens amidst global economic uncertainty. This shift is unfolding in the context of persistent volatility driven by US President Donald Trump’s unpredictable trade policies, highlighted by his announcement on Wednesday of ...
Liliane Mokbel, 05/03 19:10 - Reading : 3 minute(s)
Banks Central Bank of Lebanon Gold Reserves Lebanon
Following the government’s policy statement and the president’s inaugural speech, it is clear that a new momentum is emerging to address the pending economic issues. Controversial proposals are emerging, notably the idea of using Lebanon's Central Bank gold reserves (BDL) to partially bridge the financial deficit. However, it is evident that ...
Christiane Tager, 10/02 20:40 - Reading : 3 minute(s)
Despite its significant economic challenges, Lebanon maintains a prominent position in terms of gold reserves in the Arab world. According to the latest report from the World Gold Council (WGC), the country ranks second among Arab nations with the largest gold reserves, holding an impressive total of around 287 tons by the end of 2024, equivalent ...
Christiane Tager, 07/02 20:35 - Reading : 2 minute(s)
In 2024, gold surged by approximately 27%, setting new records, while silver, though up 27.5%, showed more moderate fluctuations. However, unlike gold, silver has yet to surpass its all-time high. The primary driver behind gold's meteoric rise is its long-established role as a safe-haven asset. In times of economic, political or geopolitical ...
Christiane Tager, 03/02 22:30 - Reading : 2 minute(s)
Donald Trump Gold currencies dollar euro
After a year marked by record highs, gold seems poised to continue its surge in 2025, as investors seek to shield themselves from global economic uncertainties. The trade policies of US President Donald Trump, particularly the new tariffs that could provoke a trade war, dampen economic growth and fuel inflation, will likely benefit gold. Gold ...