The gold price in Saudi Arabia today, Friday, October 2, 2020

The gold price in Saudi Arabia today, Friday, October 2, 2020
The gold price in Saudi Arabia today, Friday, October 2, 2020
Gold prices in Saudi Arabia continued to rise, today, Friday, with the support of the rise in global yellow metal prices, after the dollar fell to the bottom of more than a week against other currencies.

And a gram of 24-carat gold increased to 230.24 riyals (61.39 dollars) compared to 228.59 riyals (60.96 dollars) at Thursday’s close.

The price of a gram of 21 carat gold, the best selling in the Kingdom, was about 201.46 riyals ($ 53.71).

The price of a gram of 18 carat gold is approximately 172.68 riyals ($ 46.04).

Gold is low cost

The price of a gram of 16-carat gold in the Saudi market on Friday morning was 153.50 riyals (40.93 dollars), and a 14-carat gold gram was 134.31 riyals (35.81 dollars), and the price of 12 carat gold came at 115.12 riyals (30.69 dollars), A caliber (10) was recorded in early trading on Friday morning, the price of 95.93 riyals (25.58 dollars).

The price of an ounce and a pound of gold

The price of an ounce of gold (an ounce) on the Saudi market today, Friday, was about 7,156.69 riyals (1908.14 dollars).

As for the gold pound (8 grams of 21 carat), it achieved 1611.68 riyals (429.71 dollars).

Gold prices worldwide

On Friday, gold prices jumped by more than 1%, to hold above the $ 1900 barrier against the background of renewed hopes for US stimulus that could contribute to alleviating the economic troubles caused by the Corona virus, and the decline of the dollar also supported the demand for the metal.

Spot gold increased 1.2% to 1,907.46 dollars an ounce, after hitting its highest level since September 22 at $ 1911.66.

And US gold futures were settled, up 1.1%, at $ 1916.30 an ounce.

Investors’ attention is turning to talks between US House Speaker Nancy Pelosi and Treasury Secretary Stephen Mnuchin to reach agreement on the long-awaited COVID-19 bailout package.

These were the details of the news The gold price in Saudi Arabia today, Friday, October 2, 2020 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.

PREV Saudi Arabia reelected to Global Research Council leadership
NEXT Visa holders may not enter Makkah around Hajj season