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Gold prices in Saudi Arabia on 8/4/2026 show 24K rise

Gold prices in Saudi Arabia on 8/4/2026 show 24K rise

Gold prices in Saudi Arabia rose today at the start of Tuesday, August 4, 2026, with the price of an ounce remaining steady in global markets at approximately $4,059.81, an increase of 0.2%. The 24-karat gold price was around 489.45 SAR, 22-karat gold approximately 448.67 SAR, and the most popular 21-karat gold at 428.27 SAR. The price of a Gold Pound of 21-karat gold reached about 3,426.16 SAR. Experts expect prices to continue rising, supported by the ounce staying above $4,000, with resistance potentially at $4,100. These forecasts are based on upcoming U.S. labor market data and officials' statements regarding interest rate hikes to combat inflation.

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