20 Hrs
Source:
الاقتصادية
Gold rates in Saudi Arabia June 15
On June 15, 2026, gold prices in Saudi Arabia experienced an increase, with all denominations rising relative to the previous day. Globally, gold prices went up by more than 2% following the announcement of an agreement between the United States and Iran to end their conflict. This development led to a decline in oil prices, eased inflation concerns, and resulted in higher interest rates. The price of 24-karat gold per gram reached approximately 521.8 SAR (139.2 USD), while 21-karat gold was around 456.6 SAR (121.8 USD), and 22-karat gold approximately 478.3 SAR (127.6 USD). Additionally, a 10-gram 24-karat gold bar was valued at about 5,364.3 SAR (1,430.5 USD), a 50-gram bar at 26,456.1 SAR (7,054.9 USD), and a one-kilogram bar around 525,469.1 SAR (140,125.1 USD). Following the peace agreement announcement, the gold price surged to $4,334 per ounce, driven by market optimism and expectations of a Federal Reserve interest rate cut.
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