Saudi gold prices update June 14

On Sunday, June 14, 2026, gold prices in Saudi Arabia experienced a slight increase across all denominations compared to last week's closing prices, following a two-week decline driven by expectations of interest rate hikes ahead of the upcoming Federal Reserve meeting. The price of 24-karat gold per gram reached approximately 508.65 SAR ($135.64), while 21-karat gold was around 445.07 SAR ($118.69), and 22-karat gold was approximately 466.27 SAR ($124.34). Gold bullion prices also rose, with a 10-gram bar of 24-karat gold costing about 5,228.9 SAR ($1,394.3), and a one-kilogram bar priced at around 512,214.7 SAR ($136,590.6). Globally, gold declined for the second consecutive week amid heightened expectations of interest rate increases, closing at $4,216.64 per ounce. However, market analysts believe there is potential for further gains based on historical market patterns.

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