Gold prices in Saudi Arabia showed relative stability today, with 24-carat gold priced at 404.50 Riyals. Citizens and investors closely follow price developments, especially with the impact of global changes on the local market. This comes amid market anticipation for any updates that might affect the price of the yellow metal globally and locally.

Gold prices in Saudi Arabia today:
24-carat recorded 404.50 Riyals
22-carat recorded 370.75 Riyals
21-carat recorded 354.00 Riyals
18-carat recorded 303.25 Riyals
14-carat recorded 236.00 Riyals
12-carat recorded 202.25 Riyals
Ounce at 12,580.50 Riyals
Gold pound at 2,831.25 Riyals
Ounce in dollars at 3,356.38 USD

Global gold rose slightly, supported by a weak dollar after weak US inflation data increased expectations of interest rate cuts in September, while investors await US-Russian talks this week regarding the war in Ukraine.