Gold prices in Saudi Arabia rise on Saturday as global rates climb
Gold prices in Saudi Arabia increased across all carats on Saturday, following a global uptick in the precious metal ahead of the weekend.
Key Takeaways
AIGold prices in Saudi Arabia rose across all carats on Saturday, 8-4-1448 (Islamic calendar), with the price of 21-carat gold and other grades increasing at the start of trading. This comes in line with a global rise in gold prices ahead of the weekend close.
Gold ounce price
On the global exchange, gold was priced at $4,378 per ounce on Saturday, up 0.84% in the last closing price before the weekend break.
Gold prices in Saudi Arabia today
In the Kingdom, the price of 21-carat gold opened at 461.88 riyals (SAR) per gram on Saturday, compared to 458.28 riyals at the close of trading on Friday.
Gold prices in Saudi Arabia for Saturday, 8-4-1448, by carat are as follows:
21-carat gold: 461.88 riyals per gram.
24-carat gold: 527.87 riyals per gram.
22-carat gold: 483.88 riyals per gram.
18-carat gold: 395.90 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: 16,418.44 riyals.
Gold ounce buying price: 16,422.19 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: 4,434.08 riyals.
22-carat gold sovereign: 4,645.22 riyals.
24-carat gold sovereign: 5,067.52 riyals.
Gold bar prices in Saudi Arabia
Gold bar prices vary by weight, from 1 gram up to 1,000 grams. Today's prices are as follows:
1-gram gold bar: 580.65 riyals.
5-gram gold bar: 2,744.90 riyals.
10-gram gold bar: 5,426.47 riyals.
20-gram gold bar: 10,779.03 riyals.
50-gram gold bar: 26,762.82 riyals.
100-gram gold bar: 53,420.07 riyals.
1-kilogram gold bar: 531,561.39 riyals.
