We publish the price of Saudi gold today, Saturday 4-4-2020, today, as the price of “24 carat” gold in the Kingdom of Saudi Arabia reached about 196.27 Saudi riyals.
The gold prices today in Saudi Arabias financial markets in Saudi riyals are as follows:
The price of 24 carat gold
About 196.27 riyals, equivalent to 52.18 $
The price of 22 carat gold
About 179.91 riyals, equivalent to 47.83 $
The price of 21 carat gold
About 74. 171 riyals, equivalent to 45.66 $
The price of 18 carat gold
About 147.20 riyals, equivalent to 39.14 $
14k gold price
About 114.49 riyals, equivalent to 30.44 $
The price of gold 12 carat
About 98.13 riyals, equivalent to 26.09 $
Gold price per ounce
About 6,104 riyals, equivalent to 1,623 $
The price of a pound of gold
About 1,374 riyals, equivalent to 365.27 $
The price of a kilo of gold
About 196.266 riyals, equivalent to 52,180 $
Gold is considered an investment alternative in times of political and financial uncertainty. On the trade front, investors are awaiting further developments regarding the one-stage agreement between the two largest economies in the world.
Here, we find that gold prices are at their highest levels, as the yellow metal received support from weak economic data from the United States and concerns about a temporary trade agreement between the United States and China.
Adding to the fears, Canadas economy contracted, contrary to the expected 0.1% last October, marking the first monthly decline since February, including among them a strike in the American auto sector, which negatively affected manufacturing, which was reflected in gold prices.