Searches have increased recently about gold prices today in Saudi Arabia, Saturday, August 3, 2024, as there are many people who want to buy from within the Kingdom, whether they are residents or citizens, because gold is cheaper there than in other countries, and others. They may want to sell the purchased gold to make an investment and between now and then, current gold prices are being followed to identify periods of stability and periods of decline or growth. .
Gold prices today in Saudi Arabia
The yellow metal saw a sharp decline in prices within Saudi Arabia at the start of trading on Saturday, August 3, and the prices came as follows:
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- The price of a gram of 24 karat gold is around 294.54 Saudi riyals.
- While the price of a gram of 22 carat gold was around 270 Saudi riyals.
- Also, the price of a gram of 21 carat gold recorded about 257.72 Saudi riyals.
- The price of a gram of 18 carat gold is around 220.91 Saudi riyals.
- While the price of a gram of 14 karat gold is estimated at around 171.82 Saudi riyals.
- The selling price of an ounce of gold is around 9,161.21 Saudi riyals.
- While the purchase price of an ounce of gold is around 9,164.96 Saudi riyals.
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Gold bullion prices depend on size
The price of the golden bull in Saudi Arabia varies according to its size, and the prices are as follows:
- The price of a 1 gram gold bar is 323.99 Saudi riyals.
- A 2.5 gram gold bar will come at a price of 773.17 Saudi riyals.
- The price of a 5-gram gold bar is 1,531.61 Saudi riyals.
- The price of one pound of gold weighing 8 grams is estimated at about 2,474.14 Saudi riyals.
- One gold pound, weighing 8 grams, 22 carats, priced at 2,591.96 Saudi riyals.
- The price of a pound of 24 karat gold is 2,827.59 Saudi riyals.
- The price of an ounce of gold bullion is around 8,946.60 Saudi riyals.
- The price of a 50-gram gold bar is around 14,933.21 Saudi riyals.
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What is the price of a gram of 21 carat gold in Saudi Arabia?
The price of a gram of 21 karat gold in Saudi Arabia comes to record around 256.1 Saudi riyals after a significant reduction in prices in the recent period.
Is gold cheaper in Saudi Arabia?
Yes, gold is cheaper in Saudi Arabia considering prices in other countries, although gold in the Kingdom has a high level of purity.
Why do people buy gold from Saudi Arabia?
Some people prefer to buy gold from Saudi Arabia because it has a high level of purity, high quality, and low price, and this is for workers or citizens in Saudi Arabia.
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2024-08-05 00:00:00
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