Gold Price in Saudi Arabia today – 02 September, 2024

Gold Price in Saudi Arabia
  • Gold price in Saudi Arabia today on 2nd September 2024.
  • The cost of 10 grams of 24-karat gold in Saudi Arabia is now 3,018 SAR.
  • The price of gold per ounce in the kingdom stands at 9,388 SAR

Gold Price in Saudi Arabia today!

The gold price in Saudi Arabia today saw a drop on Monday, September 2, 2024, as reported by forex.pk. By 09:19 am, the price of 24-karat gold per tola (around 11.66 grams) had decreased to 3,517 Saudi Riyal (SAR).

Latest Gold Prices in Saudi Arabia

In addition to the per tola price, the cost of 10 grams of 24-karat gold in the kingdom is now at SAR 3,018. Meanwhile, the price of gold per ounce stands at SAR 9,388.

Gold Unit Gold Price in Saudi Arabia Gold Price in US Dollar (USD)
Gold 24K per Ounce SAR 8,765.34 $2,335.54
Gold 24K per 10 Grams SAR 2,818.07 $750.88
Gold 22K per 10 Grams SAR 2,583.23 $688.31
Gold 24K per Tola SAR 3,287.28 $875.90
Gold 22K per Tola SAR 3,013.34 $802.91

Understanding Gold Price Fluctuations

It’s important to note that gold prices are highly volatile and can fluctuate frequently due to various global economic factors. The prices mentioned above reflect the rates as of the specified time and may have changed since then.

Implications for Investors

For investors and buyers, keeping a close eye on these fluctuations is essential for making informed decisions. The drop in gold prices could present a buying opportunity for those looking to invest in the precious metal.

Expert Advice for Gold Investors

As always, potential investors should consult financial experts or market analysts to stay updated on the latest trends and make decisions accordingly.

Also Read: Gold Prices Decreased in Pakistan 2024 – Check New Rates Here!