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Gold prices in Saudi Arabia declined today, Monday, October 12, 2026, influenced by a decline in the global ounce rate. The price of a gram of 24-karat gold reached approximately 489.18 SAR, while 21-karat gold was at 428.03 SAR, 18-karat gold stood at 366.89 SAR, and 14-karat gold decreased to 285.36 SAR. Additionally, the price of the gold pound dropped to 3,424 SAR, down from 3,448.56 SAR yesterday, a decrease of 24.56 SAR. The local market is directly affected by fluctuations in international prices, with ongoing changes expected depending on global market movements.
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