Gold Price in Saudi Arabia on Sunday, July 12, 2026: Latest Market Update

On Sunday, July 12, 2026, gold prices in Saudi Arabia experienced a moderate increase across all denominations compared to the end-of-week prices last week, amid cautious anticipation of global market movements that recorded losses during the previous week. The price of gold is closely linked to tensions in the Middle East and escalating tensions between the United States and Iran, which influence investors’ expectations of a potential rise in prices. The price of a gram of 24-karat gold reached approximately 496.6 SAR (132.4 USD), while 21-karat gold was around 434.57 SAR (115.8 USD). Additionally, the value of a 10-gram gold bar of 24-karat gold stood at about 5,105.6 SAR (1,361.5 USD), and the price of one kilogram of 24-karat gold was approximately 500,133.3 SAR (133,368.8 USD). Globally, gold prices declined as oil prices rose and tensions escalated, with a weekly loss of 1.7%. Experts expect continued fluctuations in the markets due to geopolitical risks and interest rate volatility.

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