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اليوم السابع
Saudi gold prices steady after global dip
Gold prices in Saudi Arabia remain relatively stable on Sunday, following a global decline in the ounce at the end of the trading week due to a rising dollar and US yields after US jobs data increased concerns about the continuation of tight monetary policy. The prices for various gold purity levels range from 411 to 549 SAR per gram, with markets awaiting US inflation data that will influence movements in the dollar and yields, and in turn impact gold prices over the coming week. Geopolitical tensions and oil prices continue to be influential factors in demand for gold as a safe haven. The $4,300 support level per ounce is considered significant, while $4,400 serves as the main resistance.
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