Saudi gold prices steady at 544 riyals

Gold prices in Saudi Arabia experienced relative stability across all denominations. The price of a gram of 24-karat gold reached 544 riyals (145.1 USD), while a gram of 21-karat gold was priced at 476.2 riyals (126.9 USD). Gold bars weighing 10 grams sold for 5,594 riyals (1,491.7 USD), and a one-kilogram bar was valued at 547,975 riyals (146,126.9 USD). Investors are closely watching global market developments, amid ongoing international tensions, expectations of interest rate hikes, and concerns over inflation.

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