Monday 19/May/2025 – 02:01 am
Gold prices in Saudi Arabia today, Monday, May 19, 2025, witnessed remarkable stability, in conjunction with the increase in the ounce by 3.6% during the week’s trading ending last Friday, influenced by the rise in the dollar and stocks after the truce of customs duties between the United States and China, and amid the anticipation of the markets for American inflation data to determine the directions of American monetary policy and the movements of gold prices during the coming period.
Gold prices in Saudi Arabia are among the most prominent topics that are receiving wide attention from citizens, due to its economic and investment importance and the Saudi market depends on the most pure gold in local purchases and events.
Gold prices in Saudi Arabia today
- The price of 24 gram gold
24 -carat gold recorded 386 riyals
- The price of a gram of 21 carat gold
The 21 -carat gold record in Saudi Arabia 337.75 riyals
- The price per gram of 18 carat gold
The 18 -carat gold record in Saudi Arabia 289.50 riyals
- 14 -gram gold price
The 14 -carat gold record in Saudi Arabia 225.25 riyals
- Gold pound price
While the value of the gold pound reached 2701.50 riyals, the ounce was registered in the world 3201 dollars
For his part, Said Ambaby, Executive Director of the “i -Saga” platform for gold and jewelry circulation online, explained that gold prices in global markets decreased during the week’s dealings, against the backdrop of the truce of customs duties between the United States and China, and the accompanying capital transformation towards risk assets.
Gold prices have decreased below the level of $ 3,200, recording its largest weekly decline since June 2021, amid sharp altitudes in the stock markets, as reports of the calm of the trade war between the United States and China and an agreement to reduce customs duties by 115% for 90 days, which led to a decrease in gold.
