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Gold prices in Saudi Arabia June 10

Gold prices in Saudi Arabia June 10

On Wednesday, June 10, 2026, gold prices in Saudi Arabia experienced a slight decline across all denominations compared to the previous day. Meanwhile, global gold prices fell by more than 1%, reaching their lowest level in 11 weeks, due to a rise in the US dollar and oil prices following renewed tensions between the United States and Iran. This has heightened concerns over continued inflation and increasing interest rates. The price of a gram of 24-karat gold in Saudi Arabia was approximately 503.3 Riyals ($134.2), while 21-karat gold was 440.4 Riyals ($117.4), and 22-karat gold reached 461.4 Riyals ($123.1). Gold bullion prices also declined, with a 10-gram 24-karat bar costing about 5,174.2 Riyals ($1,379.8), a 50-gram bar around 25,518.4 Riyals ($6,804.9), and a kilogram of gold priced at 506,844.8 Riyals ($135,158.6). Internationally, the price of an ounce dropped to its lowest level since March, at $4,187.59, amid ongoing US dollar strength and rising oil prices, which continue to pressure gold prices.

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