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Gold prices in Saudi Arabia fall on Saturday 18-1-1448 as global rates dip

Gold prices in Saudi Arabia declined across all carats on Saturday, tracking a global drop in the yellow metal ahead of the weekend market close.

Ajel News1 hour ago · 2 min read
Gold bars and coins in Saudi Arabia

Key Takeaways

AI

Gold prices in Saudi Arabia fell on Saturday, 18-2-1448 (corresponding to the Gregorian calendar), across all carats. The price of 21-carat gold and other grades declined at the start of trading, in line with a global decrease in gold prices before the end of the trading week.

Gold ounce price

On the global exchange on Saturday, the price of gold stood at $2,042.20 per ounce, down 1.48% in the last closing price before the weekend break.

Gold prices in Saudi Arabia today

At the start of trading on Saturday, the price of 21-carat gold in Saudi Arabia was 426.69 riyals (SAR) per gram, compared to 430.13 riyals at the close on Friday.

Gold prices in Saudi Arabia for Saturday, 18-2-1448, by carat were as follows:

21-carat gold: 426.69 riyals per gram.

24-carat gold: 487.64 riyals per gram.

22-carat gold: 447.01 riyals per gram.

18-carat gold: 365.73 riyals per gram.

Gold ounce buy and sell prices

The buy and sell prices for a gold ounce in Saudi Arabia today were:

Gold ounce selling price: 15,167.36 riyals.

Gold ounce buying price: 15,171.11 riyals.

Gold sovereign prices in Saudi Arabia today

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

21-carat gold sovereign: 4,096.20 riyals.

22-carat gold sovereign: 4,291.26 riyals.

24-carat gold sovereign: 4,681.38 riyals.

Gold bar prices in Saudi Arabia

Gold bar prices today varied by weight, ranging from 1 gram up to 1,000 grams. The prices were as follows:

1-gram gold bar: 536.41 riyals.

5-gram gold bar: 2,535.74 riyals.

10-gram gold bar: 5,012.97 riyals.

20-gram gold bar: 9,957.67 riyals.

50-gram gold bar: 24,723.51 riyals.

100-gram gold bar: 49,349.50 riyals.

1-kilogram gold bar: 491,056.73 riyals.

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