Tracking gold price changes in the Kingdom…an update on buying and selling prices for January 7, 2024

Despite the ongoing fluctuations in the gold market, this provides an ideal opportunity to monitor daily changes in buying and selling prices in the Kingdom of Saudi Arabia. We will show you the current price of gold in Saudi riyals against the US dollar, as well as following the prices of the international gold exchange and offers available in Gold shops, since this interest is not limited to just one caliber, but includes all calibres, and let’s not forget to also provide the price of a gold pound and the price of gold bars of various weights, with instant updates ensuring the information is correct at all times.

Gold prices in the Kingdom

Gold price fluctuations

There has been a change in the price of gold in Saudi Arabia in recent days due to the influence of global markets and the extent to which they are affected by global dollar variables. the price of gold, while the decline in the price of gold increases the value of the dollar. The global gold market also depends on several factors, including data issued by major countries such as the United States, Britain, Germany, France, China and Japan, as well as many other countries, have a significant economic impact on currency prices and gold.

Today’s gold price in the Kingdom

The gold markets in Saudi Arabia witnessed notable changes today, as these numbers represent valuable indicators of market movement and changes in gold prices that reflect the ongoing turbulence and changes in the world of global investment and trading.

  • The price of 24-karat gold at the start of trading recorded an estimated value of 246.66 Saudi riyals, equivalent to approximately 65.78 US dollars.
  • This notable increase was not just limited to 24 carats, but 22 carats saw an increase to 226.10 Saudi riyals and 21 carats rose to 215.83 Saudi riyals.
  • While the 18-carat recorded a value of 184.99 Saudi riyals, the 14-carat reached 143.88 Saudi riyals today.
  • What attracts attention is the price of an ounce of gold, since the selling price was 7,671.94 Saudi riyals, equivalent to 2,045.85 US dollars, while the purchase price was 7,675.69 Saudi riyals, equal to 2,046.85 US dollars.
  • As for the 21-karat gold pound, it recorded 2,071.94 Saudi riyals, and the price of a 50-gram gold bar reached 12,505.62 Saudi riyals today.
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2024-01-07 18:25:44
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