Gold prices in Saudi Arabia today, Friday, October 9, 2020

Gold prices in Saudi Arabia today, Friday, October 9, 2020
Gold prices in Saudi Arabia today, Friday, October 9, 2020
Gold prices rose in Saudi Arabia, during early trading this morning, Friday, to keep pace with the global rise in the prices of the yellow metal, supported by the decline of the dollar and renewed optimism about some aid to mitigate the repercussions of the Corona pandemic in the United States.

The price of a gram of 24 carat gold rose to 230.20 riyals (61.37 dollars) compared to 227.51 riyals (60.67 dollars) at yesterday’s close, and the prices before calculating the seller’s “workmanship”.

And the price of a gram of 21 carat gold increased in the Kingdom during the beginning of trading Friday, to record 201.43 riyals (53.70 dollars) compared to 199.07 riyals (53.09 dollars) at the close of trading yesterday.

Regarding the price of a gram of 18 carat gold, the most popular in the Saudi market, it reached 172.65 riyals ($ 46.02), rising by 2 riyals, compared to 170.63 riyals ($ 45.50) on Thursday.

Gold prices are low cost

The price of a gram of 16-carat gold in the Saudi market on Friday morning was about 153.47 riyals (40.91 dollars), the price of a gram of 14-carat gold was 134.28 riyals (35.80 dollars), and a gram of 12-carat gold was 115.10 riyals (30.68 dollars). And one caliber (10) scored 95.92 riyals ($ 25.57).

The price of an ounce and a pound of gold

The price of an ounce rose in the beginning of trading today, Friday, in the Saudi market, to 7,157.36 riyals (1907.98 dollars), compared to 7 thousand and 76 riyals (1887 dollars), an increase of 20 dollars from the closing price on Thursday.

And on the price of the pound of gold (equivalent to 8 grams of 21 carat) in the Saudi market today, Friday, it recorded 1611.44 riyals ($ 429.57).

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