Gold prices in Saudi Arabia rise across all carats on Thursday

Gold prices in Saudi Arabia rose on Thursday, corresponding to 6-4-1448 in the Hijri calendar, with all carat types seeing increases in early trading. The rise follows an uptick in global gold prices.

Gold ounce price

On Thursday, the global gold price reached around $4,331 per ounce, up 1.54%. This increase comes as investors digest the US Federal Reserve's decision to raise interest rates and its signal of possible further monetary tightening, while the previous rally in oil prices has lost momentum.

Gold prices in Saudi Arabia today

In Saudi Arabia, the price of 21-carat gold opened at 456.37 riyals (SAR) per gram on Thursday, compared to 455.71 riyals at the close of trading on Wednesday.

Gold prices in Saudi Arabia for Thursday, 6-4-1448, by carat are as follows:

21-carat gold: 456.37 riyals per gram.

24-carat gold: 521.56 riyals per gram.

22-carat gold: 478.10 riyals per gram.

18-carat gold: 391.17 riyals per gram.

Gold sovereign price in Saudi Arabia today

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

21-carat gold sovereign: 4,381.12 riyals.

22-carat gold sovereign: 4,589.75 riyals.

24-carat gold sovereign: 5,006.99 riyals.

Gold bar prices in Saudi Arabia

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

1-gram gold bar: 573.72 riyals.

5-gram gold bar: 2,712.12 riyals.

10-gram gold bar: 5,361.66 riyals.

20-gram gold bar: 10,650.30 riyals.

50-gram gold bar: 26,443.19 riyals.

100-gram gold bar: 52,782.07 riyals.

1-kilogram gold bar: 525,212.89 riyals.