Good news for the residents of Saudi Arabia and buyers of the yellow metal…a steady brilliance in the price of gold today, Tuesday, January 30, 2024 in the Kingdom. The Saudi markets continue to inspire buyers with a steady brilliance in gold prices, as the market is witnessing positive stability that reflects the current situation of the precious metal. This development also enhances the confidence of investors and collectors in market.
Which makes them eagerly await price developments to take advantage of the available opportunities, as gold remains the distinguished investment haven, amid global market fluctuations, and remains a source of insurance and diversification of financial portfolios.
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The price of a gram of gold in Saudi Arabia
On January 29, 2024, gold prices in the Kingdom of Saudi Arabia were as shown in the table below. Prices were also presented in Saudi riyals and US dollars for each unit of gold according to its karat.
Price of a gram of 24 karat gold
- In Saudi riyals: 245.03 Saudi riyals.
- In US dollars: 65.34 US dollars.
Price of a gram of 22 carat gold
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- In Saudi riyals: 224.61 Saudi riyals.
- In US dollars: 59.90 US dollars.
Price of a gram of 21 carat gold
- In Saudi riyals: 214.40 Saudi riyals.
- In US dollars: 57.17 US dollars.
Price of a gram of 18 karat gold
- In Saudi riyals: 183.78 Saudi riyals.
- In US dollars: 49.01 US dollars.
Price of a gram of 14 karat gold
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- In Saudi riyals: 142.94 Saudi riyals.
- In US dollars: 38.12 US dollars.
Price of an ounce of gold (sell)
- In Saudi riyals: 7,621.39 Saudi riyals.
- In US dollars: 2,032.37 US dollars.
Gold price per ounce (buy)
- In Saudi riyals: 7,625.14 Saudi riyals.
- In US dollars: 2,033.37 US dollars.
Read also: Gold prices in Saudi Arabia today
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The price of gold bullion in the Kingdom
Below are the gold prices in the Kingdom of Saudi Arabia for bullion in different units against the Saudi riyal and the US dollar:
1 gram gold bar
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- In Saudi riyals: 269.54 Saudi riyals.
- In US dollars: 71.88 US dollars.
The price of gold bullion today is 2.5 grams
- In Saudi riyals: 643.21 Saudi riyals.
- In US dollars: 171.52 US dollars.
The price of gold bullion today is 5 grams
- In Saudi riyals: 1,274.18 Saudi riyals.
- In US dollars: 339.78 US dollars.
Gold pound 8 grams 21 carat
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Gold prices in Saudi Arabia today
- In Saudi riyals: 2,058.28 Saudi riyals.
- In US dollars: 548.88 US dollars.
Gold pound 8 grams 22 carat
- In Saudi riyals: 2,156.30 Saudi riyals.
- In US dollars: 575.01 US dollars.
Gold pound 8 grams 24 karat
- In Saudi riyals: 2,352.33 Saudi riyals.
- In US dollars: 627.29 US dollars.
Today’s gold bullion price is 10 grams
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- In Saudi riyals: 2,518.95 Saudi riyals.
- In US dollars: 671.72 US dollars.
The price of gold bullion today is 20 grams
- In Saudi riyals: 5,003.59 Saudi riyals.
- In US dollars: 1,334.29 US dollars.
Gold bar price per ounce
- In Saudi riyals: 7,442.84 Saudi riyals.
- In US dollars: 1,984.76 US dollars.
Read also: Find out the prices of gold in the Kingdom of Saudi Arabia 2024 – 1445
What is the difference between Saudi gold and Egyptian gold?
The karats used in the gold industry are an international standard and match between different countries, and include 18 karat, 21 karat, 14 karat, and 24 karat. The difference between Egyptian gold and Saudi gold also depends on the manufacture and technical design of the pieces, as there can also be a difference in methods. Traditional or ornamental decoration is used, adding to each piece a unique character that reflects local art and culture.
2024-02-03 08:30:00
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