3 Hrs
Source:
الاقتصادية
Saudi gold prices fall on October 18
Today, Sunday, October 18, 2026, gold prices in Saudi Arabia experienced a slight decline at the start of trading. The price of a gram of 24-karat gold reached approximately 502.25 Saudi Riyals (about $133.93), while a gram of 21-karat gold was around 439.47 Riyals (approximately $117.19), and 22-karat gold was about 460.39 Riyals (roughly $122.70). This comes amid global losses recorded by the yellow metal over the week, with increasing expectations that the Federal Reserve may raise U.S. interest rates later this year due to higher-than-expected inflation data. Additionally, U.S. gold futures saw a slight uptick after a decline in spot prices, while the prices of other precious metals retreated, reflecting market volatility and investor anticipation of U.S. interest rate decisions.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)