Gold prices in Saudi Arabia fall across all categories

Gold prices in Saudi Arabia declined on Thursday, 20 Rabi Al-Thani 1448 (corresponding to the Gregorian calendar), across all categories. The price of 21-karat gold and other types fell at the start of trading, in line with a global decrease in gold prices.

Gold ounce price

On the global exchange Thursday, gold was priced at around $4,160 per ounce, down 0.65%. The metal continues to experience sharp fluctuations amid ongoing volatility over expectations for a US Federal Reserve rate hike in October and a strengthening US dollar.

Gold prices in Saudi Arabia today

In Saudi Arabia, the price of 21-karat gold opened Thursday at 438.13 riyals (SAR) per gram, compared to 441.04 riyals at the close of trading on Wednesday.

Gold prices in Saudi Arabia on Thursday, 20 Rabi Al-Thani 1448, for all categories were as follows:

21-karat gold: 438.13 riyals per gram.

24-karat gold: 500.72 riyals per gram.

22-karat gold: 458.99 riyals per gram.

18-karat gold: 375.54 riyals per gram.

Gold sovereign price in Saudi Arabia today

The price of an 8-gram gold sovereign in the Kingdom today was as follows:

21-karat gold sovereign: 4,206.02 riyals.

22-karat gold sovereign: 4,406.30 riyals.

24-karat gold sovereign: 4,806.88 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: 550.79 riyals.

5-gram gold bar: 2,603.72 riyals.

10-gram gold bar: 5,147.36 riyals.

20-gram gold bar: 10,224.62 riyals.

50-gram gold bar: 25,386.31 riyals.

100-gram gold bar: 50,672.48 riyals.

1-kilogram gold bar: 504,221.17 riyals.