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Gold prices in Saudi Arabia today, Wednesday 15-4-2020

We publish the price of Saudi gold today, Wednesday 15-4-2020, today as the price of “24 carat” gold in the Kingdom of Saudi Arabia reached about 207.65 Saudi riyals.

The gold prices today in Saudi Arabia’s financial markets in Saudi riyals are as follows:

The price of 24 carat gold

About 207.65 riyals, equivalent to 55.23 $

The price of 22 carat gold

About 190.34 riyals, equivalent to 50.63 $

The price of 21 carat gold

About 70.181 riyals, equivalent to 48.33 $

The price of 18 carat gold

About 155.74 riyals, equivalent to 41.42 $

14k gold price

About 121.13 riyals, equivalent to 32.22 $

The price of gold 12 carat

About 103.82 riyals, equivalent to 27.62 $

Gold price per ounce

About 6,458 riyals, equivalent to 1,718 $

The price of a pound of gold

About 1,454 riyals, equivalent to 386.63 $

The price of a kilo of gold

About 207,647 riyals, equivalent to 55,232 $

Gold is considered an investment alternative in times of political and financial uncertainty. On the trade front, investors are awaiting further developments regarding the one-stage agreement between the two largest economies in the world.

Here, we find that gold prices are at their highest levels, as the yellow metal received support from weak economic data from the United States and concerns about a temporary trade agreement between the United States and China.

Adding to the fears, Canada’s economy contracted, contrary to the expected 0.1% last October, marking the first monthly decline since February, including among them a strike in the American auto sector, which negatively affected manufacturing, which was reflected in gold prices.

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