The price of gold decreased in Saudi Arabia today, Monday, December 12, 2022, during daily dealings in the local markets, as the price of a gram of gold today declined by one riyal from yesterday’s Sunday price, with weak trading on gold on the first working day on the global stock exchange after the end of the weekly holiday (Saturday and Sunday). With the stability of buying and selling in the local markets in the Kingdom.
The gold price in Saudi Arabia today, Monday, December 12, 2022
Gold prices fell today, Monday, in the local markets in the Kingdom of Saudi Arabia, so that the prices are as follows:
Direct gold price in Saudi Arabia:
The price of a gram of 24 karat gold in Saudi Arabia: 215.81 riyals, equivalent to ($ 57.55).
The price of a gram of 22 carat gold in Saudi Arabia: 197.83 riyals, equivalent to ($ 52.75).
While the price of a gram of 21 carat gold in Saudi Arabia: 188.84 riyals, equivalent to ($ 50.36).
The price of a gram of 18 karat gold in Saudi Arabia: 161.86 riyals, equivalent to ($43.16).
The price of a gram of 14 karat gold in Saudi Arabia: 125.89 riyals, equivalent to ($33.57).
The price of buying used gold today in Saudi Arabia:
The prices of buying used gold also decreased today, Monday, in the local markets in the Kingdom, as follows:
The price of a gram of 24 karat gold used: from 190 to 192 riyals.
The price of a gram of 22 karat gold used: from 185 to 192 riyals.
The price of a gram of 21 karat gold used: from 175 to 183 riyals.
The price of a gram of 18 karat gold used: from 150 to 156 riyals.
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The gold price is in US dollars against the Saudi riyal
The price of an ounce of gold, today, Monday, in Saudi Arabia in riyals against the US dollar, is as follows:
The price of an ounce of gold in Saudi Arabia for sale: 6712 riyals, equivalent to ($1790).
The price of an ounce of gold in Saudi Arabia for purchase: 6716 riyals, equivalent to ($1791).
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The price of the gold pound in Saudi Arabia today, Monday, December 12, 2022
While the price of the gold pound was recorded in Saudi Arabia today, Monday, December 12, 2022, in the local markets, as follows:
The price of a 21-karat gold pound in Saudi Arabia: 1812 riyals, equivalent to ($483).
The price of a 22-carat gold pound in Saudi Arabia: 1899 riyals, equivalent to ($506).
The price of a 24-carat gold pound in Saudi Arabia: 2071 riyals, equivalent to ($552).
The price of gold is affected globally by the extent to which the value of the dollar is raised and lowered, as it is in an inverse relationship between gold and a basket of global currencies such as: the dollar, the euro, the Japanese yen, the pound sterling, the Chinese yuan, and other currencies. The higher the value of currencies, the lower the price of gold globally, while if The value of currencies declined, the price of gold increased, while the local market in the Kingdom is directly affected by the global market.
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