Gold prices fall in Saudi Arabia as 21-karat drops to 426 riyals

Gold prices in Saudi Arabia declined during today's trading, with 21-karat gold—the most popular in the Kingdom—falling to 426.69 riyals (about $113.78) per gram.

According to the Saudi Gold platform, 24-karat gold was priced at 487.64 riyals per gram, 22-karat at 447.01 riyals, 18-karat at 365.73 riyals, and 14-karat at 284.46 riyals.