A pointy drop in gold costs within the Kingdom

Gold costs within the Kingdom of Saudi Arabia have seen a notable decline over the previous few hours, which has created a state of optimism amongst plenty of Saudi residents about the opportunity of buying and storing gold. massive portions over the approaching interval.

Gold costs for well-liked carats fell throughout previous and present hours yesterday, Monday, comparable to 1/8/2024, and as we speak, Tuesday, comparable to 1/9/2024.

Gold Worth in Kingdom of Saudi Arabia As we speak, Tuesday

In keeping with “Gold Costs”, the brand new gold costs recorded a major decline, as 21 carat recorded a price of 214.20 riyals and 24 carat recorded a price of 244.80 riyals.

Whereas the costs of gold bars had been comparable by way of decline, as the worth of a 24 carat gold bar, which weighs 5 grams, within the Kingdom it stood at a price of: 1,224 .01 Saudi riyals, whereas the worth of a pure gold bar The gold bar, which weighs 10 grams, was price 2,448.02 Saudi riyals.

Whereas the worth of the 20-gram gold bar was: 4,896.03 Saudi riyals, and the 24-carat gold bar, weighing 50 grams, was price: 12,240.08 Saudi riyals.

The value of a pure gold bar, which weighs 100 grams, is: 24,480.16 Saudi riyals, and the worth of a pure gold bar, which weighs 1 / 4 of a kilogram (250 grams), is: 61,200.41 Saudi riyals.

Whereas the worth of the pure gold bar, which weighs half a kilogram, was valued at: 122,400.82 Saudi riyals, and the worth of the pure gold bar, which weighs one kilogram, was valued at: 244,801.64 Saudi riyals.

It has an enormous gold reserve, with an estimated quantity of 323.7 tonnes of gold, making the Kingdom extraordinarily wealthy in these assets, along with petroleum merchandise.