Gold prices fall in Saudi Arabia as global rates dip
Gold prices in Saudi Arabia declined across all carats on Tuesday, tracking a global drop in the precious metal’s value.
Key Takeaways
AIGold prices in Saudi Arabia fell across all carats on Tuesday, 11-4-1448 (corresponding to the Gregorian calendar), with the price of 21-carat gold and other grades declining at the start of trading, in line with a global decrease in gold prices.
Gold ounce price
On the global exchange, gold was priced at $4,317 per ounce on Tuesday, down 0.61%.
Gold prices in Saudi Arabia today
In Saudi Arabia, the price of 21-carat gold opened at 455.55 riyals (SAR) per gram on Tuesday, compared to 459.75 riyals at the close of trading on Monday.
Gold prices in Saudi Arabia for Tuesday, 11-4-1448, by carat were as follows:
21-carat gold: 455.55 riyals per gram.
24-carat gold: 520.63 riyals per gram.
22-carat gold: 477.24 riyals per gram.
18-carat gold: 390.47 riyals per gram.
Gold sovereign price in Saudi Arabia today
The price of an 8-gram gold sovereign in Saudi Arabia today was as follows:
21-carat gold sovereign: 4,373.25 riyals.
22-carat gold sovereign: 4,581.50 riyals.
24-carat gold sovereign: 4,998.00 riyals.
Gold bar prices in Saudi Arabia
Gold bar prices today varied by weight, starting from 1 gram up to 1,000 grams. The prices were as follows:
1-gram gold bar: 572.69 riyals.
5-gram gold bar: 2,707.25 riyals.
10-gram gold bar: 5,352.03 riyals.
20-gram gold bar: 10,631.17 riyals.
50-gram gold bar: 26,395.70 riyals.
100-gram gold bar: 52,687.27 riyals.
1-kilogram gold bar: 524,269.53 riyals.
