Saudi gold prices 23/7/2026 21K rise

Gold prices in Saudi Arabia increased during Thursday's session on 23/7/2026, driven by heightened demand for the metal as a safe haven amid geopolitical tensions and global inflation concerns. The price per gram of 24-karat gold reached approximately 497.44 Riyals, 22-karat gold about 455.98 Riyals, and 21-karat gold around 435.26 Riyals. The gold sovereign pound was priced at 3,482.08 Riyals. Internationally, the price of an ounce remained above $4,125, with expectations of continued rise if the metal maintains its footing above resistance levels at $4,100 and $4,130. It may head toward higher levels between $4,160 and $4,180.

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