2 Days
Source:
الاقتصادية
Saudi Gold Prices July 19, 2026
On Sunday, July 19, 2026, gold prices in Saudi Arabia experienced a slight decline across all denominations, influenced by the drop in global gold prices at the end of last week. This decline was accompanied by a significant fall in worldwide gold prices, marking the largest weekly loss in six weeks due to escalating military tensions between the United States and Iran, which increased inflation pressures and led to expectations of a US interest rate hike. The price of 24-karat gold per gram in Saudi Arabia reached approximately 484.36 SAR ($129.16), 21-karat around 423.81 SAR ($113.02), and 22-karat about 443.99 SAR ($118.40). Additionally, the price of a 10-gram gold bar was approximately 4,979.17 SAR ($1,327.70), a 50-gram bar around 24,556.8 SAR ($6,548.50), and a one-kilogram bar about 487,745.9 SAR ($130,065.60). Globally, gold prices declined by approximately 2.6% over the week, amid rising oil prices due to geopolitical tensions, which put pressure on markets and heightened inflation fears. Gold prices are affected by expectations of US interest rate increases and market fluctuations.
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