Gold prices steady in Saudi Arabia as global rates dip
Gold prices in Saudi Arabia remained stable across all carats on Saturday, while international gold prices slipped ahead of the weekend.
Key Takeaways
AIGold prices in Saudi Arabia held steady across all carats on Saturday, 22 Rabi Al-Thani 1448, with the price of 21-carat gold and other grades unchanged at the start of trading, coinciding with a decline in global gold prices before the end of the trading week.
Gold ounce price
On Saturday, the global gold price stood at $4,140 per ounce, down 0.88% in the last closing price before the weekend break, with daily trading ranging between $4,125.35 and $4,227.70.
Gold prices in Saudi Arabia today
The price of 21-carat gold in Saudi Arabia opened at 436.78 riyals (SAR) per gram on Saturday, matching the closing price from Friday.
Gold prices in Saudi Arabia for Saturday, 22 Rabi Al-Thani 1448, by carat:
21-carat gold: 436.78 riyals per gram
24-carat gold: 499.18 riyals per gram
22-carat gold: 457.58 riyals per gram
18-carat gold: 374.39 riyals per gram
Gold ounce buy and sell prices
The buy and sell prices for a gold ounce in Saudi Arabia today were:
Selling price: 15,526.24 riyals
Buying price: 15,529.99 riyals
Gold sovereign prices in Saudi Arabia today
The price of an 8-gram gold sovereign in Saudi Arabia today:
21-carat: 4,193.12 riyals
22-carat: 4,392.80 riyals
24-carat: 4,792.14 riyals
Gold bar prices in Saudi Arabia
Gold bar prices vary by weight, ranging from 1 gram to 1,000 grams. Today's prices were as follows:
1-gram gold bar: 549.10 riyals
5-gram gold bar: 2,595.74 riyals
10-gram gold bar: 5,131.58 riyals
20-gram gold bar: 10,193.28 riyals
50-gram gold bar: 25,308.49 riyals
100-gram gold bar: 50,517.15 riyals
1-kilogram gold bar: 502,675.63 riyals
