14 Hrs
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الاقتصادية
Saudi Arabia gold price September 1
Gold prices in Saudi Arabia today, Tuesday, September 1, 2026, saw a slight decline across all denominations compared to yesterday, with global prices dropping by 0.8% to reach their lowest levels since August 19. This comes amid investors assessing the implications of tensions in the Middle East and awaiting U.S. labor market data that could influence future interest rate movements. The price of 24-karat gold per gram was approximately 533.8 SAR (142.3 USD), while 21-karat was about 467.1 SAR (124.5 USD), and 22-karat around 489.3 SAR (130.5 USD). Regarding bars, a 10-gram 24-karat bar was priced at approximately 5,487.3 SAR (1,463.3 USD), a 50-gram bar at about 27,062.9 SAR (7,216.8 USD), and a kilogram at 537,522.6 SAR (143,339.4 USD). These declines occur amid ongoing geopolitical tensions and market volatility stemming from developments in the Middle East and the impacts of global economic conditions, especially with rising oil prices and expectations of future interest rate increases.
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