A significant drop in gold prices in Saudi Arabia, reaching these prices at the end of today’s trading

2023-08-14 21:16:19

With so many factors affecting the global markets daily, we have witnessed a decline in gold prices in Saudi Arabia today. If you are interested in knowing current details and prices, enjoy reading this article.

Different gram prices

Each of us has a special interest in the gold standard that he wants to buy. Today we noticed a drop in prices:

Gram 21 carat (the most famous in the Kingdom): 206.14 riyals, down from 206.66 riyals. 24 karat gram: it reached 235.59 riyals. Gram 22 karat: amounted to 215.95 riyals. As for the 18 karat gram: it reached 176.69 riyals.

Gold pound prices

It is known that a gold pound consists of 8 grams:

21 karat pound: record 176.69 riyals. 22 karat pound: amounted to 2,073.15 riyals. And the 24-carat pound: it rose to 2,261.62 riyals.

Gold bullion prices

For big investment lovers, here are the bullion prices:

Gold ingot 5 grams: amounted to 1,225.04 riyals. Ingot 10 grams: it reached 2,421.82 riyals. Bar 20 grams: amounted to 4,810.65 riyals. Ingot 50 grams: recorded 11,944.17 riyals. Bar 100 grams: it increased to 23,841.22 riyals. As for the ingot of 1 kg: it amounted to 237,234.27 riyals.

Global status of gold prices

And do not forget that local conditions are always affected by global markets. The price of gold fell globally, reaching $1954.9254 an ounce, in the beginning of today’s trading.

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