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Gold prices in Saudi Arabia fall on Saturday amid global decline

Gold prices in Saudi Arabia dropped across all carats on Saturday, tracking a global decrease in the precious metal ahead of the weekend.

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

Key Takeaways

AI

Gold prices in Saudi Arabia declined on Saturday, 23-3-1448 (corresponding to the Gregorian calendar), across all carats, with the price of 21-carat gold and other grades falling at the start of trading. This came as global gold prices also dropped ahead of the weekend close.

Gold ounce price

On the global exchange, gold was priced at $4,430 per ounce on Saturday, down 0.96% 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 467.37 riyals (SAR) per gram on Saturday, compared to 472.25 riyals at the close of trading on Friday.

Gold prices in Saudi Arabia for Saturday, 23-3-1448, by carat are as follows:

21-carat gold: 467.37 riyals per gram.

24-carat gold: 534.13 riyals per gram.

22-carat gold: 489.62 riyals per gram.

18-carat gold: 400.60 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 (sell): 16,613.40 riyals.

Gold ounce (buy): 16,617.15 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: 4,486.73 riyals.

22-carat gold sovereign: 4,700.38 riyals.

24-carat gold sovereign: 5,127.69 riyals.

Gold bar prices in Saudi Arabia

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

1-gram gold bar: 587.55 riyals.

5-gram gold bar: 2,777.50 riyals.

10-gram gold bar: 5,490.90 riyals.

20-gram gold bar: 10,907.03 riyals.

50-gram gold bar: 27,080.62 riyals.

100-gram gold bar: 54,054.41 riyals.

1-kilogram gold bar: 537,873.47 riyals.

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