Gold prices edge up in Saudi Arabia despite global decline

Gold prices in Saudi Arabia recorded a slight increase across all carats on Tuesday, 23 Jumada II 1448 (corresponding to the Gregorian calendar), with the price of 21-carat gold and other grades rising at the start of trading, despite ongoing declines in global gold markets.

Gold ounce price

On the global exchange Tuesday, gold was priced at around $3,910 per ounce, down 0.93%. The yellow metal gave up earlier gains amid renewed selling pressure on precious metals, with spot gold slipping below the $3,950 per ounce mark.

Gold prices in Saudi Arabia today

At the start of trading on Tuesday, the price of 21-carat gold in Saudi Arabia stood at 412.80 riyals (SAR) per gram, compared to 410.93 riyals at the close of trading on Monday.

Gold prices in Saudi Arabia on Tuesday, 23 Jumada II 1448, for all carats were as follows:

21-carat gold: 412.80 riyals per gram.

24-carat gold: 471.77 riyals per gram.

22-carat gold: 432.45 riyals per gram.

18-carat gold: 353.82 riyals per gram.

Gold sovereign prices in Saudi Arabia

The price of an 8-gram gold sovereign in Saudi Arabia today was as follows:

21-carat gold sovereign: 3,962.83 riyals.

22-carat gold sovereign: 4,151.54 riyals.

24-carat gold sovereign: 4,528.95 riyals.

Gold bar prices in Saudi Arabia

Gold bar prices vary by weight, ranging from 1 gram up to 1,000 grams. Today's prices were as follows:

1-gram gold bar: 518.94 riyals.

5-gram gold bar: 2,453.18 riyals.

10-gram gold bar: 4,849.75 riyals.

20-gram gold bar: 9,633.46 riyals.

50-gram gold bar: 23,918.53 riyals.

100-gram gold bar: 47,742.71 riyals.

1-kilogram gold bar: 475,068.31 riyals.