The price of gold fell today in Saudi Arabia, Saturday, March 19, 2022, during daily transactions in the local markets in the Kingdom, as the price of a gram of gold today fell by 2 riyals from yesterday, Friday, affected by the drop in the price of the yellow metal globally in light of the closure of the global gold exchange due to the weekend (Saturday and Sunday). ), with the continuation of the weak movement in buying and selling in the gold markets in the Kingdom.
The drop in gold prices came today, Saturday, in Saudi Arabia, affected by a slight decline in the price of the yellow metal globally, amid expectations of an increase in prices again next Monday, with the return of work on the International Gold Exchange after the end of the weekend (Saturday and Sunday).
The gold price today in Saudi Arabia, Saturday 19 March 2022
Gold prices fell today, Saturday, in the local markets in the Kingdom of Saudi Arabia, and came as follows:
The price of gold “direct” in Saudi Arabia:
The price of a gram of 24 karat gold in Saudi Arabia: 231.61 riyals, equivalent to ($61.76).
The price of a gram of 22 karat gold in Saudi Arabia: 212.31 riyals, equivalent to ($ 56.61).
And the price of a gram of 21 karat gold in Saudi Arabia came: 202.66 riyals, equivalent to (54.04 dollars).
The price of a gram of 18 karat gold in Saudi Arabia: 173.70 riyals, equivalent to ($ 46.32).
While the price of a gram of 14 karat gold in Saudi Arabia came: 135.10 riyals, equivalent to ($ 36.03).
The price of buying used gold today in Saudi Arabia:
The purchase prices of used gold also decreased today, Saturday, in the local markets in the Kingdom, as follows:
The price of a used 24 carat gold gram: from 220 to 226 riyals.
The price of a used 22 carat gold gram: from 200 to 207 riyals.
The price of a used gram of 21 karat gold: from 190 to 197 riyals.
The price of a gram of used 18 karat gold: from 165 to 168 riyals.
The price of an ounce of gold in US dollars against the Saudi riyal
The price of an ounce of gold in Saudi Arabia and the gold pound in Saudi riyals against the US dollar today, Saturday, is as follows:
The price of an ounce of gold in Saudi Arabia for sale: 7203 riyals, equivalent to (1921 dollars).
The price of an ounce of gold in Saudi Arabia for purchase: 72047 riyals, equivalent to (1922 dollars).
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The price of the gold pound in Saudi Arabia today
The price of the gold pound came today, Saturday, March 19, in Saudi Arabia, 2022 in the local markets, as follows:
The price of the 21 carat gold pound in Saudi Arabia: 1621 riyals, equivalent to (432 dollars).
The price of the gold pound in Saudi Arabia, 22 karat: 1698 riyals, equivalent to (452 dollars).
The price of the 24 carat gold pound in Saudi Arabia: 1852 riyals, equivalent to (494 dollars).
The price of gold globally is affected by the extent of raising and decreasing the value of the dollar, as it is in an inverse relationship between gold and the basket of global currencies such as: the dollar, the euro, the Japanese yen, the British pound, the Chinese yuan, and other currencies. The value of currencies declined, the price of gold rose, while the local market in the Kingdom was directly affected by the global market.