Gold prices fall in Saudi Arabia as 21-karat drops to 421 riyals

Gold prices in Saudi Arabia declined during trading today, with 21-karat gold—the most widely traded in the Kingdom—recording 421.54 riyals ($112.41) per gram.

According to the Saudi Gold platform, 24-karat gold was priced at 481.76 riyals per gram, 22-karat at 441.62 riyals, 18-karat at 361.32 riyals, and 14-karat at 281.03 riyals.