When will the gold price drop in Saudi Arabia?There is no doubt that the price of a gram of gold in the Kingdom of Saudi Arabia is subject to both rise and fall, and this is due to the factors affecting it, which are related to the global market in gold, and it is important to note that the competent authorities have been able to display the price of gold The white one is in the Kingdom of Saudi Arabia, and it is the one for which there is a great demand by customers, and therefore we will work on showing when the price of gold in Saudi Arabia will decrease.

When will the gold price drop in Saudi Arabia?

It is possible for gold to pass through a number of external factors in the Kingdom of Saudi Arabia that affect its price, and these factors are considered an essential part of when the price of gold decreases in Saudi Arabia, which we will display as follows:

• It was known that political stability and geopolitical stability contribute to the decline in the price of gold within the Kingdom of Saudi Arabia.
• The monetary policy of the Saudi Central Bank is considered within the price of gold in the Kingdom of Saudi Arabia, as it leads to Murabaha rates.
• It was known that economic growth within the Kingdom of Saudi Arabia through stock trading leads to a lack of buying gold within Saudi Arabia, and thus the price of gold decreases.
• It was mentioned that the price of gold is based on the price of the US dollar.
• In the event that the demand for gold decreases within the treasury of investment funds that are traded, then it is what contributes to the decrease in the price of gold in the Kingdom of Saudi Arabia.
• Moreover, in the event of an increase in Aramco shares, as well as in the event of an increase in oil prices within the OPEC organization, it is what contributes to the decline in the price of gold in the Kingdom of Saudi Arabia and the ability to reach market stability.

See also: How much is the electricity company’s profits in 2023, how to distribute them, and the share price

The price of a gram of gold in Saudi Arabia today

In the event that gold is exposed to a decline or rise in the Kingdom of Saudi Arabia, it depends on a number of factors, and by recognizing when the price of gold decreases, we will work on displaying the price of a gram of gold in Saudi Arabia today as follows:

• The price of a gram of gold in Saudi Arabia today, within 18 karat, was set at 162.82 Saudi riyals.
• Likewise, the price of a gram of gold in Saudi Arabia today, within 21 karat, was set at 189.96 Saudi riyals.
• The price of a gram of gold in Saudi Arabia today, within 22 karat, was set at 199.30 Saudi riyals.
• Likewise, the price of a gram of gold in Saudi Arabia today, within 24 karat, was set at 217.10 Saudi riyals.
• The price of a gram of gold in Saudi Arabia today, within 14 karat, was set at 127.00 Saudi riyals.
• Likewise, the price of a gram of gold in Saudi Arabia today, within 10 karat, was set at 90.53 Saudi riyals.
• The price of a gram of gold in Saudi Arabia today, within 6 karat, was set at 54.27 Saudi riyals.

See also: Is gold a good option for investment now? What are the most important alternatives?

The price of gold today in Saudi Arabia is buying and selling 21 karat

We find many people who are negotiating buying and selling gold in the Kingdom of Saudi Arabia, and they are the ones who were able to clarify when the price of gold will drop, and we will also clarify the details of the gold price today in Saudi Arabia, buying and selling 21 karat through the following:

• The gold selling price for today in Saudi Arabia within 21 karat was set at 184.36 Saudi riyals.
• Also, the purchase price of gold for today in Saudi Arabia within 21 karat was set at 189.96 Saudi riyals.

The gold price for used gold today in Saudi Arabia

After we were able to identify when the price of gold will drop, we will work on displaying all information related to the selling price of used gold today in Saudi Arabia, which we will work on displaying through the following items:

• Set the selling price of used gold for today in Saudi Arabia within 18 karat, about 157.31 Saudi riyals.
• In addition, the price of selling gold used for today in Saudi Arabia within 21 karat was set at 184.36 Saudi riyals.
• Determine the selling price of gold used for today in Saudi Arabia within 22 karat, about 193.38 Saudi riyals.
• In addition, the price of selling gold used for today in Saudi Arabia within 24 karat was set at about 211.42 Saudi riyals.

See also: Gold trading through Saudi banks

Gold bar price in saudi arabia

There are a number of people specialized in the field of gold in the Kingdom of Saudi Arabia, and they are the ones who have clarified when the price of gold will drop, as well as work has been done to display all information related to the price of gold bullion in Saudi Arabia, which is represented in the following:

clause	caliber	The price is in Saudi riyals
gold ingot	5 oz	33,656.25
Well, gold ingot	10 oz	67,312.50
gold ingot	24 oz	6731.25

The price of an ounce of gold in Saudi Arabia

Work has been done on a special detailed presentation on when the price of gold will drop, through which all information related to the price of an ounce of gold in Saudi Arabia is identified, which we were able to reach, and it is the one that we will work on displaying as follows:

• Work has been done to determine the price of an ounce of gold in Saudi Arabia within 6 karat, at a price of 1,688.96 Saudi riyals.
• Moreover, work has been done to determine the price of an ounce of gold in Saudi Arabia within 10 karat, at a price of 2,817.18 Saudi riyals.
• Work has been done to determine the price of an ounce of gold in Saudi Arabia within 14 karat, at a price of 3,948.55 Saudi riyals.
• Moreover, work has been done to determine the price of an ounce of gold in Saudi Arabia within 18 karat, at a price of 5,062.24 Saudi riyals.
• Work has been done to determine the price of an ounce of gold in Saudi Arabia within 21 karat, at a price of 5,905.95 Saudi riyals.
• Moreover, work has been done to determine the price of an ounce of gold in Saudi Arabia within 22 karat, at a price of 6,196.19 Saudi riyals.
• Work has been done to determine the price of an ounce of gold in Saudi Arabia within 24 karat, at a price of 6,749.66 Saudi riyals.

See also: Al-Rajhi Gold Card, how much is the balance and what are its advantages

Gold price in saudi arabia

Gold specialists in the Kingdom of Saudi Arabia were able to display all the information related to when the price of gold decreases, and it is through which the price of a kilo of gold in Saudi Arabia is identified, and this information is what we will display as follows:

• Determine the price of a kilo of gold in the Kingdom of Saudi Arabia within 6 karat, at a price of 54,229.03 Saudi riyals.
• Also, determine the price of a kilo of gold in the Kingdom of Saudi Arabia within 10 karat, at a price of 90,454.03 Saudi riyals.
• Determine the price of a kilo of gold in the Kingdom of Saudi Arabia within 14 karat, at a price of 126,895.94 Saudi riyals.
• Also, determine the price of a kilo of gold in the Kingdom of Saudi Arabia within 18 karat, at a price of 162,687.10 Saudi riyals.
• Determine the price of a kilo of gold in the Kingdom of Saudi Arabia within 22 carat, at a price of 199,129.01 Saudi riyals.
• Also, determine the price of a kilo of gold in the Kingdom of Saudi Arabia within 24 karat, at a price of 216,916.13 Saudi riyals.

When does the price of gold decrease in Saudi Arabia? In this article, we have presented all the information and details related to when the price of gold will decrease, which was determined based on a number of factors affecting the price of gold in the Kingdom of Saudi Arabia.