The price of gold stabilized today in Saudi Arabia, Wednesday, January 19, 2022, at the beginning of daily trading in global markets, in light of the stability of the price of the yellow metal in global markets, as gold prices in Saudi Arabia came today, Wednesday, at the level of prices yesterday, Tuesday, with the continuation of the weak movement in buying and selling in the markets. gold in Saudi Arabia.
The gold markets in the Kingdom of Saudi Arabia are witnessing a state of fluctuation between the rise due to economic concerns with the increase in infections with the Corona virus around the world and the spread of the new mutant (Omicron), and between the decline due to the weak trading (buying and selling) movement, whether in the global markets or in the gold markets in the Kingdom.
The gold price today in Saudi Arabia, Wednesday, January 19, 2022
Today, Wednesday, gold prices in the local markets in the Kingdom of Saudi Arabia were relatively stable at the price level of yesterday, as follows:
The price of gold directly in Saudi Arabia:
The price of a gram of 24 karat gold in Saudi Arabia: 218.95 riyals, equivalent to ($ 58.39).
The price of a gram of 22 karat gold in Saudi Arabia: 200.70 riyals, equivalent to ($ 53.52).
And the price of a gram of 21 karat gold in Saudi Arabia was: 191.58 riyals, equivalent to ($ 51.09).
The price of a gram of 18 karat gold in Saudi Arabia: 164.21 riyals, equivalent to (43.79) dollars.
While the price of a gram of 14 karat gold in Saudi Arabia came: 127.72 riyals, equivalent to (34.06 dollars).
The price of buying used gold today in Saudi Arabia:
The purchase prices of used gold also stabilized today, Wednesday, in the local markets in the Kingdom, and came as follows:
The price of a gram of used 24 karat gold: from 208 to 212 riyals.
The price of a used 22 carat gold gram: from 190 to 195 riyals.
The price of a used 21 carat gold gram: from 177 to 180 riyals.
The price of a used 18 karat gold gram: from 147 to 150 riyals.
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The price of an ounce of gold in US dollars against the Saudi riyal
The price of an ounce of gold in Saudi Arabia and the gold pound in Saudi riyals against the US dollar today, Wednesday, is as follows:
The price of an ounce of gold in Saudi Arabia for sale: 3798 riyals, equivalent to (1813 dollars).
The price of an ounce of gold in Saudi Arabia for purchase: 6800 riyals, equivalent to (1814 dollars).
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The price of the gold pound in Saudi Arabia today
While the price of the gold pound today in Saudi Arabia, Wednesday, January 19, 2022, decreased slightly in the local markets, and it came as follows:
The price of the gold pound in Saudi Arabia, 21 karat: 1529 riyals, equivalent to (408 dollars).
The price of the gold pound in Saudi Arabia, 22 karat: 1602 riyals, equivalent to (428 dollars).
The price of the 24 carat gold pound in Saudi Arabia: 1747 riyals, equivalent to (467 dollars).
It is noteworthy that the price of gold globally is affected by the extent of raising and decreasing the value of the dollar, as it is in an inverse relationship between gold and the basket of global currencies such as: the dollar, the euro, the Japanese yen, the British pound, the Chinese yuan, and other currencies. The higher the value of currencies, the lower the price of gold globally Whereas, if the value of currencies declines, the price of gold will rise, while the local market in the Kingdom is directly affected by the global market.
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