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Gold prices rise in Saudi Arabia on Saturday across all carats

Gold prices in Saudi Arabia rose on Saturday, with 21-carat and other grades increasing in early trading, mirroring global market gains.

Gold prices rise in Saudi Arabia on Saturday across all carats

Gold prices in Saudi Arabia saw an increase on Saturday, with 21-carat and other carat grades rising at the start of trading. This rise is in line with a global uptick in gold prices ahead of the weekend market closure. The global price of gold was $4,376 per ounce on Saturday, up 0.59% from the previous closing price. In Saudi Arabia, the price of 21-carat gold opened at 461.70 riyals per gram, up from 455.33 riyals at the close of trading on Friday.

Gold prices for all carats in Saudi Arabia on Saturday were reported, along with the buy and sell prices for a gold ounce and the price of an 8-gram gold sovereign. Gold bar prices also varied by weight, starting from 1 gram up to 1,000 grams.

Brief written by urgent.news from Ajel English's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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