There is a difference in the market gold In Saudi Arabia, the price of used gold in Saudi Arabia and unused Saudi gold, where the workmanship mechanism is deducted from used gold, for sure, after deducting the workmanship, its price becomes less than the gold prices today in Saudi Arabia with workmanship.
After looking at the gold stocks today in Saudi Arabia, it is necessary to refer to some of the factors that result in the rise of gold in Saudi Arabia and to clarify when the price of gold in Saudi Arabia decreases, as there are two main factors that control the gold price index in Saudi Arabia in general.
The main factor is the price of a barrel of oil, followed by the dollar price factor. The higher the price of a barrel of oil inside the country, the higher the price of a gram of gold in Saudi Arabia, and also the price of gold bullion today in Saudi Arabia, and therefore the price of the Saudi gold pound, and the lower the price of the US dollar, this led to an increase Gold prices too.
On the other hand, we do not overlook political changes, such as the war, which in turn affects the economic level, whether local or global. This naturally leads to a decrease in the price of the dollar and, consequently, a rise in the price of gold in Saudi Arabia.
From the platform of our website, we seek to provide a detailed presentation about the price of gold in Saudi riyals to provide all needs and questions about gold prices in the Saudi market, and in particular, the expectations of Saudi gold prices.
The average price of gold today in the financial markets in Saudi Arabia
|24 karat gold price||219.15||$58.44|
|22 karat gold price||200.89||$53.57|
|21 karat gold price||191.77||$51.14|
|18 karat gold price||164.36||$43.83|
|14 karat gold price||127.84||$34.09|
|10 karat gold price||91.31||$24.35|
|Gold price per ounce||6,816.37||$1,817.70|
|The price of a kilo of gold||219,151.54||$58,440.41|
|gold pound price||1,753.20||$467.52|
Find out the currency rates in Saudi Arabia today, Sunday 16/1/2022
Today, on the Pal Plus website, we show you the latest records and price changes, and we seek to provide the best daily services to meet the needs of our valued visitors, and now with a detailed table of dollar rates for banks and exchange shops in the market on today’s date.
|the currency||dollars per unit||unit to dollar|
These were the details of the news Find out about gold prices in Saudi Arabia today, Sunday 16/1/2022 for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.