Gold prices fall in Saudi Arabia on Thursday as 21-karat declines
Gold prices in Saudi Arabia dropped across all categories on Thursday, with 21-karat gold leading the decline amid lower global rates.
Gold prices surged across all carats in Saudi Arabia on Saturday, echoing a worldwide market rally. On the Islamic calendar date of 2-3-1448, the prices for 21-carat and other grades of gold experienced an increase at the beginning of trading. This upward trend aligns with a global surge in gold prices preceding the weekend's market closure.
As per the global exchange, gold was valued at $4,376 per ounce on Saturday, marking a 0.59% rise from the previous closing price before the weekend break. In Saudi Arabia, the opening price for 21-carat gold was 461.70 riyals (SAR) per gram on Saturday, compared to 455.33 riyals at the Friday close. For all carats of gold in Saudi Arabia on Saturday, 2-3-1448, the buy and sell prices for an ounce were as follows:
Global gold bar prices fluctuate according to weight, ranging from 1 gram to 1,000 grams. Today's prices in Saudi Arabia spanned a range for gold bars.
Written by urgent.news from Ajel English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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