Gold prices steady in Saudi Arabia on Thursday across all carats

Gold prices in Saudi Arabia remained stable on Thursday, corresponding to 16-2-1448 in the Hijri calendar, with 21-carat and other grades holding steady at the start of trading, even as global gold prices rose.

Gold ounce price

On the global exchange, gold was priced at around $4,070 per ounce on Thursday, up 0.12 percent, following the US Federal Reserve's decision to keep interest rates unchanged at its meeting this week.

Gold prices in Saudi Arabia today

In Saudi Arabia, the price of 21-carat gold opened Thursday's trading at 426.71 riyals (SAR) per gram, compared to 425.17 riyals at the close of trading on Wednesday.

Gold prices across all carats in Saudi Arabia on Thursday, 16-2-1448, were as follows:

21-carat gold: 426.71 riyals per gram.

24-carat gold: 487.67 riyals per gram.

22-carat gold: 447.03 riyals per gram.

18-carat gold: 365.75 riyals per gram.

Gold sovereign price in Saudi Arabia today

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

21-carat gold sovereign: 4,096.43 riyals.

22-carat gold sovereign: 4,291.49 riyals.

24-carat gold sovereign: 4,681.63 riyals.

Gold bar prices in Saudi Arabia

Gold bar prices varied by weight on Thursday, with the following rates:

1-gram gold bar: 536.44 riyals.

5-gram gold bar: 2,535.88 riyals.

10-gram gold bar: 5,013.25 riyals.

20-gram gold bar: 9,958.22 riyals.

50-gram gold bar: 24,724.86 riyals.

100-gram gold bar: 49,352.18 riyals.

1-kilogram gold bar: 491,083.44 riyals.