Gold prices in Saudi Arabia rise on Saturday as global rates climb

Gold prices in Saudi Arabia climbed on Saturday after a rise in global gold rates before the weekend. The metallic commodity saw an increase in price per carat on Saturday, 8-4-1448 (Islamic calendar) in the Kingdom. This follows a similar trend observed globally as gold prices climbed ahead of the weekend's close. On the international market, gold was traded at $4,378 per ounce on Saturday, marking a 0.84% increase from the previous closing price before the weekend break.

In Saudi Arabia, the price of 21-carat gold started at 461.88 riyals (SAR) per gram on Saturday, up from 458.28 riyals at the end of trading on Friday. The range of gold prices in Saudi Arabia for Saturday, 8-4-1448, by carat include the following: The buying and selling price for an ounce of gold in the Kingdom today are detailed below: The price of an 8-gram gold sovereign in the Kingdom today is as follows: Gold bar prices fluctuate depending on their weight, ranging from 1 gram to 1,000 grams. Today's prices for gold bars are provided below.