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Saudi Gold Buying Rises

Saudi Gold Buying Rises

Saudi purchases of gold bars and coins rose 8.94% in the first nine months of 2026, reaching 13.4 tonnes, up 1.1 tonnes from 12.3 tonnes in the same period of 2025. By contrast, demand for gold jewelry and other gold products fell 11.1% to 31.2 tonnes, while total gold demand declined 5.9% to 44.6 tonnes.

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