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Gold prices steady in Saudi Arabia after global rise

Gold prices in Saudi Arabia remained stable across all carats on Saturday, despite a global increase in the precious metal’s value.

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

Key Takeaways

AI

Gold prices in Saudi Arabia held steady across all carats on Saturday, 25-2-1448 (corresponding to the Islamic calendar), with the price of 21-carat gold and other grades unchanged at the start of trading, despite a global uptick in gold prices ahead of the weekend market closure.

Gold ounce price

On Saturday, the global gold price reached $4,342 per ounce, marking a 2.39% increase in the last closing price before the weekend break for international markets.

Gold prices in Saudi Arabia today

In the Kingdom, the price of 21-carat gold opened at 458.06 riyals (SAR) per gram on Saturday, the same as Friday’s closing price.

Gold prices in Saudi Arabia for Saturday, 25-2-1448, by carat are as follows:

21-carat gold: 458.06 riyals per gram.

24-carat gold: 523.49 riyals per gram.

22-carat gold: 479.87 riyals per gram.

18-carat gold: 392.62 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: 16,282.46 riyals.

Gold ounce buying price: 16,286.21 riyals.

Gold sovereign prices in Saudi Arabia today

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

21-carat gold sovereign: 4,397.35 riyals.

22-carat gold sovereign: 4,606.75 riyals.

24-carat gold sovereign: 5,025.55 riyals.

Gold bar prices in Saudi Arabia

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

1-gram gold bar: 575.84 riyals.

5-gram gold bar: 2,722.17 riyals.

10-gram gold bar: 5,381.52 riyals.

20-gram gold bar: 10,689.76 riyals.

50-gram gold bar: 26,541.18 riyals.

100-gram gold bar: 52,977.66 riyals.

1-kilogram gold bar: 527,159.08 riyals.

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