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Gold rate in Saudi Arabia 100g at 52,902 Riyals

Gold rate in Saudi Arabia 100g at 52,902 Riyals

Today in Saudi Arabia, gold prices experienced a slight decline across all categories, following a global retreat in safe-haven assets after reaching their highest levels in seven weeks previously. The price of a gram of 24-karat gold was approximately 522.8 SAR ($139.4), while 21-karat gold was around 457.4 SAR ($121.9), and 22-karat gold about 479.2 SAR ($127.8). As for bullion bars, a 10-gram 24-karat gold bar reached 5,373.8 SAR ($1,433.1), a 50-gram bar was approximately 26,503.2 SAR ($7,067.5), and a one-kilogram bar was about 526,405.1 SAR ($140,374.7). Globally, the price of gold decreased by 0.85%, dropping to $4,313 per ounce, as markets await US inflation data and assess the impact of geopolitical tensions on safe-haven asset markets.

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