Latest news with #Kitco
Yahoo
10-05-2025
- Business
- Yahoo
Why ‘Rich Dad' Robert Kiyosaki Is Buying Silver Right Now — Should You Invest, Too?
Stock market turbulence might be bad for equity investors, but it's usually good for people who invest in precious metals such as silver and gold. Among the latter is financial author Robert Kiyosaki, who recently praised silver in a post on X. Read More: Find Out: In the post, dated April 22, Kiyosaki called silver the 'biggest investment bargain' today. 'Gold has already hit all time highs,' he wrote. 'I have plenty of Bitcoin. And silver is still 50% below its all time high … today about $35 [an ounce]. I believe silver will [increase] 2X to $70 this year.' That's a pretty bold prediction — and one many experts might find overly optimistic. Since Kiyosaki wrote those words, the price of silver has fallen below $35 an ounce. It would have to skyrocket in a hurry to reach $70. However, there are reasons silver might be a good investment right now. Like gold, silver is considered a safe haven when stocks are volatile because of the metal's inherent value and its application in different industries. Silver is also considered a hedge against economic uncertainty, and the world has seen plenty of that due to President Donald Trump's sweeping tariff plans. 'Precious metals, including silver, have benefited from the volatility created by the Trump administration's constant tariff threats since the beginning of the year,' the Investing News Network (INN) noted in an April blog. 'These threats have caused chaos throughout global equity and financial markets, prompting more investors to seek safe-haven assets to stabilize their portfolios.' Discover Next: The upshot is that silver prices have mostly been on the rise in 2025 despite occasional choppiness. Silver traded at $32.85 an ounce as of early Wednesday, May 7, according to data from Kitco. That's up from $28.90 at the close of 2024 — a gain of about 14%. That's a very strong gain when compared with the stock markets, which are down for the year despite recent momentum. But silver's price gain still lags behind that of gold, which could be why Kiyosaki calls silver a 'bargain.' As Barron's reported this week, market dynamics could be shifting in silver's favor. A recent Wall Street winning streak led some investors to sell gold because its price has risen so high. One advantage silver has over gold is that it has a 'wider range' of industrial uses, Barron's noted. This could help boost its price in the coming months, which means buying now would be a profitable move. But there is an important wild card to consider: the economy. One fear is that Trump's tariffs will create a global trade war that will ultimately lead to a recession. This, in turn, could cause a slowdown in global manufacturing, which would lower demand for silver's industrial uses and send its price south. So far, that hasn't happened. But things could change quickly if Trump's tariffs lead to a trade war. 'There is a lot of concern regarding industrial demand, as tariffs could cause demand destruction as costs go up,' Peter Krauth, editor of the Silver Stock Investor told the INN last month. This scenario could lead to lower silver prices a few months down the road. For now, though, silver continues to trend higher, and many experts suggest it is still a good time to buy. More From GOBankingRates 5 Types of Vehicles Retirees Should Stay Away From Buying How Far $750K Plus Social Security Goes in Retirement in Every US Region 4 Things You Should Do if You Want To Retire Early 12 SUVs With the Most Reliable Engines Sources: Robert Kiyosaki, X Nasdaq/Investing News Network, Silver Price Update: Q1 2025 in Review Barron's, Gold Prices Are Crushing Silver. Why That Could Change Soon Kitco, Live Charts Silver This article originally appeared on Why 'Rich Dad' Robert Kiyosaki Is Buying Silver Right Now — Should You Invest, Too? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mid East Info
20-04-2025
- Business
- Mid East Info
Jahez Application continues to introduce new collabs as part of its strategic approach to provide new experiences for its customers
Bringing together local brands to offer creative menu items for a limited time only through Jahez Application Al-Ajeel: We focused on creating an experience that goes beyond delivery, one that highlights the stories behind our local partners Kuwait City, 20 April 2025: Jahez Application, a pioneering platform that connects customers with their favorite restaurants through online orders, continued to introduce new collabs as part of its strategic approach to providing its customers with unique experiences, with its latest collab between Milk Bun and Kitco. The initiative aligns with Jahez Application's ongoing commitment to engage with its customers and the community through innovative concepts that generate excitement and curiosity. This marks the third collab launched by Jahez Application in 2025 since launching this initiative which aims to highlight Jahez Partners, while providing customers with exciting and unconventional food options. Following the successful collabs between Yelo! x Ceasar and Doh! x Sawsan, Jahez Application's latest collab introduces a bold and flavorful burger with a side of fries inspired by Kitco's Hot n Spicy and Hot Chilli & Lime chips. The collab brings together two homegrown favorites, Kitco, a Kuwaiti snack brand known for its iconic chips and bold flavors, and Milk Bun, a contemporary burger restaurant recognized for its distinctive take on comfort food. These collabs are part of a broader strategic approach to elevate the customer experience by blending the familiar with the unexpected, offering users exciting food combinations they cannot find anywhere else, all while highlighting the creativity of Kuwait's vibrant food scene. Commenting on the launch, Bader Mohammad Al-Ajeel, Chief Executive Officer of Jahez Application, said, 'At Jahez Application, we are constantly exploring innovative approaches to engaging with our customers in ways that are relevant and meaningful. Our collabs bring together well-loved Kuwaiti names to co-create something new and exciting that reflects our community's unique tastes and flavors. When launching this initiative, we focused on creating an experience that goes beyond delivery, one that highlights the stories behind our partners and the quality of Kuwaiti established brands, while delivering memorable moments that our customers can enjoy and share.' He added, 'Through these collabs we aspire to further strengthen our role as a supporter of local brands and entrepreneurs, while truly showcasing their abilities to introduce new concepts in the market. Leveraging the reach and accessibility of our progressive platform, we aim to further expose our partners to a wider audience across Kuwait. As we continue to expand our collab series in 2025 with local brands, customers can look forward to more exciting announcements featuring beloved local brands, available exclusively at Jahez Application.' The Milk Bun x Kitco collab is available for a limited time and can only be ordered through Jahez Application's platform. Each collab is exclusively developed to bring something fresh to the app's offering, tapping into the personality of the brands involved and translating it into products that generate buzz and elevate the platform's customer experience. From flavor combinations to visual identity and packaging, every element is curated to ensure a unique experience for Jahez Application's customers. The launch of the collab series and other innovative concepts launched by Jahez Application reflect the Company's pioneering role in the Kuwaiti food delivery industry. The Company achieved the 'First Place Category Winner' for delivery apps in Kuwait and was named one of the 'Top Ten Country Winners' based on customer feedback, as highlighted during the 2024 Service Hero Customer Satisfaction Index Awards. The recognition was based solely on customer feedback and reviews, reflecting Jahez Application's ongoing commitment to enhancing its digital offerings, supporting local brands, and providing a seamless and customer-centric experience. It is worth mentioning that Jahez-Kuwait entered the competitive food delivery industry with an innovative customer centric approach. By allowing customers to simply drop a pin for delivery without needing to enter an address, Jahez-Kuwait provides a seamless and intuitive experience that takes convenience to a new level. The platform further empowers its users with flexible payment options, offering the freedom to pay anytime, whether before or after delivery, putting the control squarely in customers' hands. Additionally, in collaboration with select partners, Jahez offers up to 50% off at some restaurants, providing unmatched value and making it a truly compelling choice for food delivery in Kuwait. About Jahez Jahez-Kuwait is a subsidiary of Jahez International Company KSA, one of the largest food delivery companies in Saudi Arabia. Founded in 2016, Jahez was quick to gain traction in the food delivery industry in Saudi Arabia, emerging as a prominent player with over 1.3 million active users and over 34,000 delivery partners across Saudi Arabia as of 31st March 2021. In 2022, Jahez entered the Kuwaiti market while simultaneously launching its Bahrain operation during the same year.
Zawya
20-04-2025
- Business
- Zawya
Jahez Application continues to introduce new collabs as part of its strategic approach to provide new experiences for its customers
Al-Ajeel: We focused on creating an experience that goes beyond delivery, one that highlights the stories behind our local partners Kuwait City: Jahez Application, a pioneering platform that connects customers with their favorite restaurants through online orders, continued to introduce new collabs as part of its strategic approach to providing its customers with unique experiences, with its latest collab between Milk Bun and Kitco. The initiative aligns with Jahez Application's ongoing commitment to engage with its customers and the community through innovative concepts that generate excitement and curiosity. This marks the third collab launched by Jahez Application in 2025 since launching this initiative which aims to highlight Jahez Partners, while providing customers with exciting and unconventional food options. Following the successful collabs between Yelo! x Ceasar and Doh! x Sawsan, Jahez Application's latest collab introduces a bold and flavorful burger with a side of fries inspired by Kitco's Hot n Spicy and Hot Chilli & Lime chips. The collab brings together two homegrown favorites, Kitco, a Kuwaiti snack brand known for its iconic chips and bold flavors, and Milk Bun, a contemporary burger restaurant recognized for its distinctive take on comfort food. These collabs are part of a broader strategic approach to elevate the customer experience by blending the familiar with the unexpected, offering users exciting food combinations they cannot find anywhere else, all while highlighting the creativity of Kuwait's vibrant food scene. Commenting on the launch, Bader Mohammad Al-Ajeel, Chief Executive Officer of Jahez Application, said, 'At Jahez Application, we are constantly exploring innovative approaches to engaging with our customers in ways that are relevant and meaningful. Our collabs bring together well-loved Kuwaiti names to co-create something new and exciting that reflects our community's unique tastes and flavors. When launching this initiative, we focused on creating an experience that goes beyond delivery, one that highlights the stories behind our partners and the quality of Kuwaiti established brands, while delivering memorable moments that our customers can enjoy and share.' He added, 'Through these collabs we aspire to further strengthen our role as a supporter of local brands and entrepreneurs, while truly showcasing their abilities to introduce new concepts in the market. Leveraging the reach and accessibility of our progressive platform, we aim to further expose our partners to a wider audience across Kuwait. As we continue to expand our collab series in 2025 with local brands, customers can look forward to more exciting announcements featuring beloved local brands, available exclusively at Jahez Application.' The Milk Bun x Kitco collab is available for a limited time and can only be ordered through Jahez Application's platform. Each collab is exclusively developed to bring something fresh to the app's offering, tapping into the personality of the brands involved and translating it into products that generate buzz and elevate the platform's customer experience. From flavor combinations to visual identity and packaging, every element is curated to ensure a unique experience for Jahez Application's customers. The launch of the collab series and other innovative concepts launched by Jahez Application reflect the Company's pioneering role in the Kuwaiti food delivery industry. The Company achieved the 'First Place Category Winner' for delivery apps in Kuwait and was named one of the 'Top Ten Country Winners' based on customer feedback, as highlighted during the 2024 Service Hero Customer Satisfaction Index Awards. The recognition was based solely on customer feedback and reviews, reflecting Jahez Application's ongoing commitment to enhancing its digital offerings, supporting local brands, and providing a seamless and customer-centric experience. It is worth mentioning that Jahez-Kuwait entered the competitive food delivery industry with an innovative customer centric approach. By allowing customers to simply drop a pin for delivery without needing to enter an address, Jahez-Kuwait provides a seamless and intuitive experience that takes convenience to a new level. The platform further empowers its users with flexible payment options, offering the freedom to pay anytime, whether before or after delivery, putting the control squarely in customers' hands. Additionally, in collaboration with select partners, Jahez offers up to 50% off at some restaurants, providing unmatched value and making it a truly compelling choice for food delivery in Kuwait. About Jahez Jahez-Kuwait is a subsidiary of Jahez International Company KSA, one of the largest food delivery companies in Saudi Arabia. Founded in 2016, Jahez was quick to gain traction in the food delivery industry in Saudi Arabia, emerging as a prominent player with over 1.3 million active users and over 34,000 delivery partners across Saudi Arabia as of 31st March 2021. In 2022, Jahez entered the Kuwaiti market while simultaneously launching its Bahrain operation during the same year.
