Gold prices steady in Saudi Arabia as global rates dip
Gold prices in Saudi Arabia remained stable across all carats on Saturday, while international gold prices slipped ahead of the weekend.
On Saturday, gold prices in Saudi Arabia remained unchanged across all carats, while international gold prices fell prior to the weekend. The price of 21-carat gold in Saudi Arabia stayed the same at the opening bell on Saturday, matching the previous day's closing price. In Saudi Arabia, gold prices for Saturday, 22 Rabi Al-Thani 1448, varied by carat: an 8-gram gold sovereign sold for 5,845.24 riyals, and gold bar prices fluctuated based on weight, from 1 gram to 1,000 grams.
The global gold price closed at $4,140 per ounce on Saturday, a 0.88% decrease from the previous closing price.
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