Saudi Arabia to deepen investment ties with China, build global value chains
Saudi Arabia aims to strengthen investment and industrial partnerships with China, focusing on building global value chains and expanding mutual investments.
Gold prices in Saudi Arabia experienced a downward trend on Saturday, aligning with a global decrease in the precious metal. The drop occurred on the third day of the Islamic month of Ramadan, 1448 (Gregorian date: 23-3-1448), across all carats. The price of 21-carat gold and other grades was observed to fall at the beginning of trading on Saturday.
This price decline mirrored a similar trend in the global market, where gold was traded at $4,430 per ounce, a 0.96% decrease from the previous closing price before the weekend. In Saudi Arabia, the opening price for 21-carat gold was 467.37 riyals per gram on Saturday, down from 472.25 riyals at the close of Friday's trading. Gold prices in Saudi Arabia for Saturday, 23-3-1448, were as follows: The buy and sell prices for an ounce of gold in Saudi Arabia on this day were reported.
The cost of an 8-gram gold sovereign in Saudi Arabia was also disclosed. Gold bar prices varied according to weight, ranging from 1 gram to 1,000 grams.
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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