Gold prices steady in Saudi Arabia on Tuesday across all carats
Gold prices in Saudi Arabia remained stable on Tuesday, with 21-carat and other grades unchanged, as global prices saw a slight decline.
Key Takeaways
AIGold prices in Saudi Arabia held steady on Tuesday, corresponding to 12-3-1448 in the Hijri calendar, with 21-carat and other carat prices remaining unchanged at the start of trading, amid a slight global decline in the yellow metal.
Gold ounce price
On the global exchange Tuesday, gold was priced at around $4,638 per ounce, down 0.28%. Prices dipped during Tuesday's session after earlier reaching their highest level in over three months, as investors shifted focus to upcoming US inflation data and a speech by Kevin Warsh of the Federal Reserve later this week.
Gold prices in Saudi Arabia today
The price of 21-carat gold in the Kingdom opened Tuesday's trading at 490.82 riyals (SAR) per gram, compared to 489.70 riyals at the close of trading on Monday.
Gold prices in Saudi Arabia for Tuesday, 5-3-1448, by carat were as follows:
21-carat gold: 490.82 riyals per gram.
24-carat gold: 560.93 riyals per gram.
22-carat gold: 514.19 riyals per gram.
18-carat gold: 420.70 riyals per gram.
Gold sovereign prices in Saudi Arabia today
The price of an 8-gram gold sovereign in the Kingdom today was as follows:
21-carat sovereign: 4,711.82 riyals.
22-carat sovereign: 4,936.20 riyals.
24-carat sovereign: 5,384.94 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: 617.02 riyals.
5-gram gold bar: 2,916.84 riyals.
10-gram gold bar: 5,766.38 riyals.
20-gram gold bar: 11,454.22 riyals.
50-gram gold bar: 28,439.22 riyals.
100-gram gold bar: 56,766.26 riyals.
1-kilogram gold bar: 564,857.96 riyals.
