Home » Business » Breaking Down Fluctuations in Gold Prices: Current Gold Prices and Trends in the Kingdom

Breaking Down Fluctuations in Gold Prices: Current Gold Prices and Trends in the Kingdom

Dear readers, have you noticed the increasing talk about the recent rise in gold prices? Let me give you a breakdown of what happened in the gold market inside the Kingdom. Through these numbers, we notice a slight rise in gold prices today compared to yesterday, but what are the reasons behind this fluctuation? Global economic conditions, geopolitical tensions, or even changes in gold supply and demand. Whatever the reasons, gold remains one of the most important metals that investors follow on a daily basis.

Current gold prices

First, let’s take a look at the daily gold prices:

24 karat: Its value amounted to 233.5 riyals. 22 caliber: Its value amounted to 214.05 riyals. 21 caliber: It is one of the most famous calibers, achieving 204.32 riyals. 18 karat: Record about 175.13 riyals. 14 karat: It amounted to 136.21 riyals.

And do not forget an ounce of gold, which recorded a huge amount of 7,262.69 riyals, while the price of the ingot, which weighs a kilogram, was about 233,504.37 riyals.

Compared to yesterday, we see minor, but still important, changes:

24 karat: It was 231.79 riyals. 22 caliber: It was 212.48 riyals. 21 caliber: It amounted to 202.82 riyals. 18 karat: It was about 173.84 riyals. 14 karat: It was 135.21 riyals.

With regard to an ounce of gold, it amounted to 7,209.42 riyals yesterday, while the value of the ingot consisting of a kilogram was 231,791.64 riyals.

Current gold prices

Caliber Price today Price yesterday 24 caliber 233.5 riyals 231.79 riyals 22 caliber 214.05 riyals 212.48 riyals 21 caliber 204.32 riyals 202.82 riyals 18 caliber 175.13 riyals 173.84 riyals 14 caliber 136.21 riyals 135.21 riyals

ounce and gold ingot

Weight Price Today Price Yesterday An ounce of gold 7,262.69 riyals 7,209.42 riyals Ingot (1 kilo) 233,504.37 riyals 231,791.64 riyals

2023-08-31 22:42:58
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