Saudi gold prices hit 461.70 riyals
Today, Saturday, August 15, 2026, gold prices experienced a notable rise in the Saudi market. The 21-karat gold, the most traded karat, reached approximately 461.70 SAR per gram, an increase of 6.37 SAR compared to Friday's closing. This uptick was influenced by the global gold price, which reached $4,376 an ounce, reflecting a 0.59% increase in the latest weekly closing. Prices of other gold alloys also went up, with the gold ounce in the Saudi market approximately 16,413 SAR. Additionally, the 21-karat gold pound was around 4,432 SAR. As market movements are expected to continue, gold prices in Saudi Arabia are mainly linked to international metal prices, with investors paying particular attention to gold bullion and gold pounds as methods of investment and savings.
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