Saudi gold prices September 20

The article discusses the stability of gold prices in Saudi Arabia today, Sunday, September 20, 2026. This follows the recovery of the global ounce price for the first time in four weeks, rising by over 2% at the end of last week. The report clarifies that gold prices are directly influenced by the movement of the international ounce, especially as markets monitor its ability to stay above the $4,300 level. It was mentioned that the price of 21-karat gold, the most traded alloy, reached 474 Saudi riyals. Meanwhile, gold maintained its gains amid ongoing market fluctuations as investors await the results of the U.S. interest rate hike, with a potential increase anticipated in October. The support level at $4,300 per ounce is considered crucial in shaping the market’s future trajectory.

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