Gold prices in Saudi Arabia today, 11-4-2020

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We publish the price of Saudi gold today, Saturday 11-4-2020, today, as the price of “24 carat” gold in the Kingdom of Saudi Arabia reached about 204.14 Saudi riyals.

The gold prices today in the Saudi financial markets in Saudi riyals are as follows:

The price of 24 carat gold

About 204.14 riyals, equivalent to 54.23 $

The price of 22 carat gold

About 187.13 riyals, equivalent to 49.71 $

The price of 21 carat gold

About 62. 178 riyals, equivalent to 47.45 $

The price of 18 carat gold

About 153.10 riyals, equivalent to 40.67 $

14k gold price

About 119.08 riyals, equivalent to 31.64 $

The price of gold 12 carat

About 102.07 riyals, equivalent to 27.12 $

Gold price per ounce

About 6,349 riyals, equivalent to 1,687 $

The price of a pound of gold

About 1,429 riyals, equivalent to 379.63 $

The price of a kilo of gold

About 204,135 riyals, equivalent to 54,232 $

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, Canada’s 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.

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