12 Hrs
Source:
الاقتصادية
Gold prices in Saudi Arabia on September 21
Today in Saudi Arabia, Monday, September 21, 2026, gold prices declined across all denominations compared to last night. This decrease was influenced by the global fall in gold prices, which lost about $16 per ounce, amounting to a 0.37% drop, following the US Federal Reserve's decision to raise interest rates by 25 basis points. This increased borrowing costs led to a reduced demand for gold as a safe haven. The price of 24-karat gold per gram was approximately 525.6 SAR (128.5 USD), while 21-karat gold was around 459.9 SAR (122.6 USD), and 22-karat gold about 481.8 SAR (128.5 USD). The value of various gold bars also recorded declines, with a 10-gram 24-karat gold bar priced at about 5,403.2 SAR (1,440.9 USD), a 50-gram bar around 26,648.3 SAR (7,106.2 USD), and a 1-kilogram bar approximately 529,286.2 SAR (141,142.9 USD). Decisions to increase US interest rates have a direct impact on gold markets, as higher yields decrease the demand for this precious metal. Gold remains a safe haven amid global market fluctuations and economic tensions.
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