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Saudi gold prices August 13 2026

Saudi gold prices August 13 2026

On Thursday, August 13, 2026, gold prices in Saudi Arabia experienced a relative increase across all denominations compared to the previous day, amid ongoing global gains that reached their highest levels in over two months. This rise is attributed to the easing of inflation in the United States and a decrease in expectations of US interest rate hikes, which enhances gold's appeal as a safe haven for investors. The price of 24-karat gold per gram in Saudi Arabia reached 528.8 Riyals ($141.1), while 21-karat gold was priced at 462.7 Riyals ($123.4), and 22-karat gold at 484.7 Riyals ($129.3). Additionally, gold bar prices climbed, with a 10-gram bar of 24-karat gold costing around 5,435.9 Riyals ($1,449.6), a 50-gram bar approximately 26,809.5 Riyals ($7,149.2), and a one-kilogram bar reaching 532,488.9 Riyals ($141,997.1). Globally, the price of gold steadied at $4,408.55 per ounce after rising more than 1% in the previous session, supported by signs of slowing inflation in the US and falling expectations of interest rate hikes, which boosted its status as an investment safe haven amid economic tensions.

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