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After yesterday’s rise.. a new surprise hits gold prices in Saudi Arabia at the start of today’s trading

Gold prices are one of the biggest things that everyone cares about every day, and the reason for this is that prices are not stable at all. The evidence for this is that the price of a gram of gold was high yesterday, but this morning it was announced that the price of a gram would fall on the global stock market.

Gold prices in Saudi Arabia

The price of gold today went down in all transactions, knowing that today is the best day ever for investors and those who want to buy gold, knowing that these prices are the price of gold on the stock exchange, but these prices are different in stores, because they are increased due to the addition of work, transport costs and others.

  • The price of a gram of 24 karat gold reached 287.82 Saudi riyals.
  • The price of a gram of 22 carat gold reached 263.81 Saudi riyals.
  • The price of a gram of 21 carat gold reached 251.82 Saudi riyals.
  • The price of a gram of 18 carat gold reached 215.85 Saudi riyals.
  • The price of a gram of 14 karat gold reached 168.88 Saudi riyals.
  • The price of an ounce of gold for sale reached 8,951.48 Saudi riyals.
  • The price of an ounce of gold for sale reached 8,955.23 Saudi riyals.

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Gold bullion prices in Saudi Arabia

We learned together about the price of a gram of gold, and now we will learn together about the price of gold bullion, knowing that some people prefer to invest their money in buying gold bullion, because the prices have:

  • The price of one gram of gold bullion reached 316.58 Saudi riyals.
  • The price of a 2.5 gram gold bar reached 755.47 Saudi riyals.
  • The price of a 5-gram alloy reached 1,496.55 Saudi riyals.
  • The price of 8 karat gold notes is 2,471.50 Saudi riyals.
  • The price of 8 karat gold notes is 2,762.85 Saudi riyals.
  • The price of a 10-gram gold bar is 2,958.56 Saudi riyals.

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What is expected in gold prices?

The world stock market confirmed that gold prices will continue to rise until the end of 2025, because no one knows how much they will rise, but most statistics show that its price has reached 2,627 dollars the US.

How much is the gold tax in Saudi Arabia?

Gold is one of the precious metals that has a tax added to its price, knowing that this tax reaches 15%, as the same tax is added to jewelry and valuables.

Is gold cheaper in Saudi Arabia than in Egypt?

Yes, the Kingdom of Saudi Arabia is one of the largest countries with large reserves of high-quality gold, and for this reason it is one of the cheapest countries in which gold is sold, as it is not but 5% sales tax added. the basic price.



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2024-08-05 12:30:00
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