Gold Rate in Saudi Arabia

Gold Rate in Saudi Arabia – 16 Sept 2023

The price of gold is a topic of great interest to many individuals, especially those with investments in the precious metal or an affinity for its timeless allure. As of September 9, 2023, the gold price in Saudi Arabia (KSA) is 2314.30 SAR (Saudi Riyal) for 10 grams of 24-karat gold.

For those looking to purchase 24-karat gold by the Tola (approximately 11.66 grams), the rate stands at SAR 2699.38.

Here’s a breakdown of the gold rate in Saudi Arabia for September 9, 2023:

Gold price in Saudi Arabia – 9 September 2023

  • 24-karat Gold per 10 Grams: 2314.30 SAR
  • 22-karat Gold per 10 Grams: 2121.42 SAR
  • 24-karat Gold per Tola: 2699.38 SAR
  • 22-karat Gold per Tola: 2474.43 SAR

For those who prefer a per-gram breakdown, the rates are as follows:

  • 24-karat Gold per 1 Gram: 231.43 SAR
  • 22-karat Gold per 1 Gram: 212.14 SAR

It’s crucial to note that gold prices are constantly fluctuating due to various economic factors, making it imperative for investors and enthusiasts to stay updated with the latest rates.

The gold market in Saudi Arabia, like the global market, is subject to dynamic changes, and while the information provided here is accurate at the time of writing, it may not reflect current market conditions.

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For the most precise and up-to-date prices, individuals are advised to consult their local bullion markets.

Additionally, it’s important to emphasize that the prices mentioned in this article are for informational purposes only and should not be relied upon for trading decisions.

The gold market can be influenced by a wide range of factors, including global economic conditions, geopolitical events, and currency fluctuations, all of which can impact the price of gold.