24 Hrs
Source:
اليوم السابع
Saudi gold prices steady ahead of US data
Gold prices in Saudi Arabia stabilized on Wednesday morning amid anticipation of important US economic data that could influence the future of the Federal Reserve's monetary policy. The price for a 24-karat gram was 627.50 SAR, 22-carat at 576 SAR, 21-carat at 551.60 SAR, and 18-carat at 473.10 SAR. Investors are predicting movements in the global gold ounce price, which are affected by the performance of the US dollar and Treasury bond yields. They are also awaiting signals regarding potential cuts to US interest rates, which could impact gold prices in the Gulf markets.
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