The price of gold declined today in Saudi Arabia, Monday, March 28, 2022, during daily transactions in the local markets in the Kingdom, as the price of a gram of gold today fell by 3 to 5 riyals from the price of yesterday, Sunday, affected by the drop in the price of the yellow metal globally on the first working day on the global gold exchange after The end of the weekly holiday (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, Monday, in Saudi Arabia, affected by the decline in the price of the yellow metal globally, contrary to expectations that the price of the yellow metal will rise again with the return of work on the global gold exchange today, Monday, due to the continuing war between Russia and Ukraine and its impact on the movement of global trade, but the weak trading on gold in the market This led to a decrease in its price globally and locally in the Kingdom.
The gold price today in Saudi Arabia, Monday, March 28, 2022
Gold prices fell today, Monday, in the local markets in the Kingdom of Saudi Arabia, and came as follows:
The price of gold directly in Saudi Arabia:
The price of a gram of 24 karat gold in Saudi Arabia: 232.23 riyals, equivalent to ($61.95).
The price of a gram of 22 karat gold in Saudi Arabia: 212.97 riyals, equivalent to ($ 56.79).
And the price of a gram of 21 karat gold in Saudi Arabia came: 203.29 riyals, equivalent to ($ 54.21).
The price of a gram of 18 karat gold in Saudi Arabia: 174.25 riyals, equivalent to (46.47) dollars.
While the price of a gram of 14 karat gold in Saudi Arabia came: 135.53 riyals, equivalent to ($ 36.14).
The price of buying used gold today in Saudi Arabia:
While the purchase prices of used gold also fell today, Monday, in the local markets in the Kingdom, as follows:
The price of a used 24 carat gold gram: from 225 to 227 riyals.
The price of a used 22 carat gold gram: from 205 to 207 riyals.
The price of a used 21 carat gold gram: from 195 to 198 riyals.
The price of a gram of used 18 karat gold: from 165 to 169 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 came today, Monday, as follows:
The price of an ounce of gold in Saudi Arabia for sale: 7226 riyals, equivalent to (1927 dollars).
The price of an ounce of gold in Saudi Arabia for purchase: 7230 riyals, equivalent to (1928 dollars).
The price of the gold pound in Saudi Arabia today
The price of the gold pound came today, Monday, March 28, in Saudi Arabia, 2022 in the local markets, as follows:
The price of the gold pound in Saudi Arabia, 21 karat: 1626 riyals, equivalent to (433 dollars).
The price of the gold pound in Saudi Arabia, 22 karat: 1703 riyals, equivalent to (454 dollars).
The price of the 24 carat gold pound in Saudi Arabia: 1858 riyals, equivalent to (495 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.