Gold prices rise in Saudi Arabia on Saturday across all carats

Gold prices in Saudi Arabia rose on Saturday, 27 Jumada al-Thani 1448 (corresponding to the Gregorian calendar), across all carats. The price of 21-carat gold and other carats increased at the start of trading, despite a global decline at the end of the week.

Gold ounce price

On Saturday, the global gold price stood at $4,069 per ounce, down 0.43% in the last closing price before the weekend break. This follows a 1% drop on Friday after stronger-than-expected US jobs data raised expectations that the US Federal Reserve may keep interest rates higher for longer, boosting the dollar and Treasury yields.

Gold prices in Saudi Arabia today

At the start of trading on Saturday, the price of 21-carat gold in Saudi Arabia was 429.48 riyals (SAR) per gram, up from 428.86 riyals at the close on Friday.

Gold prices in Saudi Arabia on Saturday, 27 Jumada al-Thani 1448, for all carats were as follows:

21-carat gold: 429.48 riyals per gram

24-carat gold: 490.83 riyals per gram

22-carat gold: 449.93 riyals per gram

18-carat gold: 368.13 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: 15,266.59 riyals

Buying price: 15,270.34 riyals

Gold sovereign price in Saudi Arabia today

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

21-carat gold sovereign: 4,123.00 riyals

22-carat gold sovereign: 4,319.33 riyals

24-carat gold sovereign: 4,712.00 riyals

Gold bar prices in Saudi Arabia

Gold bar prices today varied by weight, starting from 1 gram up to 1,000 grams. Prices were as follows:

1-gram gold bar: 539.92 riyals

5-gram gold bar: 2,552.33 riyals

10-gram gold bar: 5,045.77 riyals

20-gram gold bar: 10,022.82 riyals

50-gram gold bar: 24,885.25 riyals

100-gram gold bar: 49,672.34 riyals

1-kilogram gold bar: 494,269.23 riyals