We publish the price of Saudi gold today, Wednesday 29-4-2020, today as the price of “24 carat” gold in the Kingdom of Saudi Arabia reached about 206.03 Saudi riyals.
The gold prices today in Saudi Arabia’s financial markets in Saudi riyals are as follows:
The price of 24 carat gold
About 206.03 riyals, equivalent to 54.82 $
The price of 22 carat gold
About 188.86 riyals, equivalent to 50.25 $
The price of 21 carat gold
About 28.180 riyals, equivalent to 47.97 $
The price of 18 carat gold
About 154.52 riyals, equivalent to 41.12 $
14k gold price
About 120.18 riyals, equivalent to 31.98 $
The price of gold 12 carat
About 103.01 riyals, equivalent to 27.41 $
Gold price per ounce
About 6,408 riyals, equivalent to 1,705 $
The price of a pound of gold
About 1,442 riyals, equivalent to 383.75 $
The price of a kilo of gold
About 206,030 riyals, equivalent to 54,820 $
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.