Generally, the U.S. dollars denominates gold, and the value of the dollar can have a significant impact on the price of live gold. As the dollar strengthens, it can make gold a bit more expensive for foreign investors, driving its price lower in the process. On the other hand, a weaker dollar could lead to … Read more
SAUDI ARABIA GOLD PRICE update: 19 May 2024 Gold Price Saudi Arabia riyal Rate/SAR Bid Ask 24K 24K Gold/gram 291.193 285.4 305.8 22K 22K Gold/gram 266.927 261.6 280.3 21K 21K Gold/gram 254.794 249.7 267.5 OZ Spot Gold/oz 9,056.09 8875 9509 Tola Gold/tola 3396.41 3328 3566 The prices here reflect raw the gold rate. Depending on where … Read more
The price of gold in the US. dollar is currently at $2372.50, up from $2325.70 the previous market day and up from $2016.00 a year ago. This represents a change of 2.01% from the previous market day and a change of 17.68% one year ago. One possibility is that gold prices will continue to rise … Read more
The gold market in Saudi Arabia is one of the largest in the GCC region. Saudi Arabia is considered the single largest producer of gold, especially after the discovery of new gold mines. Saudi Arabia can benefit from gold as an economic asset and benefit from gold mining by creating new jobs and investing in … Read more
There are many factors that contribute to the current price of gold. Chief among these factors is the strength of the US dollar. Traditionally gold has an inverse relationship to the value of the dollar. In other words, when the value the US dollar is strong, gold prices go down. Related, the strength of major … Read more
If you are looking to buy gold in Saudi Arabia, you will see live gold prices quoted in the local currency. Quotes may also be available in other global currencies such as U.S. Dollars, Great British Pounds, euros or Japanese Yen. Gold is typically quoted by the ounce, gram or kilo, but other local units of measure … Read more
Live Price of Gold provides live gold prices in Saudi Arabia, covering a range of purities including 24K, 22K, 21K, 18K and 14K. Gold prices are dynamic, fluctuating with supply and demand. Our gold price table gives you the latest gold prices per ounce, gram or kilogram in Saudi Arabia. Prices are updated throughout the … Read more
The spot price of Saudi Arabian gold is calculated on the basis of supply and demand. There is no standard accounting system for calculating the instantaneous value of an asset. The general price is such that buyers and sellers are willing to agree for instant settlement at the global and Saudi Arabian commodity exchanges Purity … Read more
The Price of Gold in Saudi Arabia, spans a range of purities including 24K, 22K, 21K. The prices here reflect the raw gold rate. Depending on where you make your purchase or sale, various commission fees and labor charges may be added to the price. Gold Saudi riyal (SAR) In USD $ Today’s change 24k 1Gram … Read more
The Gold Rate in Saudi Arabia (KSA) Today on 29 March 2024 is 267.84 SAR (Saudi Riyal) for 1 gram of 24-Karat of the precious metal, while 10 grams of 24-Karat Gold is being sold for 2678.40 SAR and the price of 1 Tola of 24-Karat Gold is SAR 3124.09. It is pertinent to mention … Read more