Gold prices in Saudi Arabia fall after global drop of over 3%
Gold prices in Saudi Arabia declined across all carats on Saturday, following a global drop of more than 3% at the end of the trading week.
Key Takeaways
AIGold prices in Saudi Arabia fell on Saturday, 20 Jumada al-Awwal 1448, across all carats, with the price of 21-carat gold and other carats decreasing at the start of trading, in line with a significant global decline of more than 3% at the end of the week.
Gold ounce price
On the global exchange, gold was priced at about $3,875 per ounce on Saturday, down 3.63% in the last closing price before the weekend break.
Gold prices in Saudi Arabia today
In Saudi Arabia, the price of 21-carat gold opened at 408.84 riyals (SAR) per gram on Saturday, compared to 421.77 riyals at the close of trading on Friday.
Gold prices in Saudi Arabia for Saturday, 20 Jumada al-Awwal 1448, by carat are as follows:
21-carat gold: 408.84 riyals per gram.
24-carat gold: 467.25 riyals per gram.
22-carat gold: 428.31 riyals per gram.
18-carat gold: 350.44 riyals per gram.
Gold ounce buy and sell prices
The buy and sell prices for a gold ounce in Saudi Arabia today are:
Gold ounce selling price: 14,533.05 riyals.
Gold ounce buying price: 14,536.80 riyals.
Gold sovereign prices in Saudi Arabia today
The price of an 8-gram gold sovereign in Saudi Arabia today is as follows:
21-carat gold sovereign: 3,924.90 riyals.
22-carat gold sovereign: 4,111.80 riyals.
24-carat gold sovereign: 4,485.60 riyals.
Gold bar prices in Saudi Arabia
Gold bar prices today vary by weight, from 1 gram up to 1,000 grams. Today's prices are as follows:
1-gram gold bar: 513.97 riyals.
5-gram gold bar: 2,429.70 riyals.
10-gram gold bar: 4,803.33 riyals.
20-gram gold bar: 9,541.24 riyals.
50-gram gold bar: 23,689.55 riyals.
100-gram gold bar: 47,285.66 riyals.
1-kilogram gold bar: 470,520.31 riyals.
