Gold prices in Saudi Arabia dip across all carats on Tuesday
Gold prices in Saudi Arabia edged lower on Tuesday, with 21-carat and other grades falling slightly in early trading, mirroring global trends.
Key Takeaways
AIGold prices in Saudi Arabia declined across all carats on Tuesday, 14-2-1448, with the price of 21-carat gold and other grades seeing a slight drop in early trading, in line with a global decrease in gold prices.
Gold ounce price
On the global exchange, gold was priced at $4,038 per ounce on Tuesday, down 0.94%, pressured by a stronger US dollar. Investors are awaiting the upcoming US Federal Reserve policy decision for new signals on the future of interest rates.
Gold prices in Saudi Arabia today
In the Kingdom, the price of 21-carat gold opened at 426.54 riyals (SAR) per gram on Tuesday, compared to 432.19 riyals at the close of trading on Monday.
Gold prices in Saudi Arabia for Tuesday, 14-2-1448, by carat:
21-carat gold: 426.54 riyals per gram
24-carat gold: 487.47 riyals per gram
22-carat gold: 446.85 riyals per gram
18-carat gold: 365.60 riyals per gram
Gold sovereign price in Saudi Arabia
The price of an 8-gram gold sovereign in the Kingdom today:
21-carat gold sovereign: 4,094.77 riyals
22-carat gold sovereign: 4,289.75 riyals
24-carat gold sovereign: 4,679.73 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: 536.22 riyals
5-gram gold bar: 2,534.85 riyals
10-gram gold bar: 5,011.21 riyals
20-gram gold bar: 9,954.18 riyals
50-gram gold bar: 24,714.83 riyals
100-gram gold bar: 49,332.17 riyals
1-kilogram gold bar: 490,884.33 riyals
