The price of gold in Saudi Arabia decreased today, Wednesday, November 16, 2022, during the daily transactions in the local markets, as the price of a gram of gold today came down by less than one riyals from the price of yesterday, Tuesday, due to the decline in the price of the yellow metal globally with the weak circulation of gold on the global stock exchange, with the stability of movement Buying and selling in local markets in the Kingdom.
Gold prices fell today, Wednesday, in the local markets in the Kingdom of Saudi Arabia, to be prices as follows:
The price of 24 gram gold in Saudi Arabia: 214. 25 riyals, equivalent to ($ 57. 13).
The price of 22 gram gold in Saudi Arabia: 196. 39 riyals, equivalent to ($ 52. 37).
While the price of a 21 -carat gold in Saudi Arabia: 187. 46 riyals, equivalent to ($ 49. 99).
The price of 18 gram gold in Saudi Arabia: 160. 68 riyals, equivalent to (42. 85 dollars).
The price of 14 gram gold in Saudi Arabia: 124. 98 riyals, equivalent to ($ 33. 33).
While the purchase prices of used gold stabilized today, Wednesday, in the local markets in the Kingdom, which are the following:
Used 24 -gram gold price: from 190 to 197 riyals.
The price of a 22 -carat gold is used: from 185 to 191 riyals.
Used 21 -gram gold price: from 175 to 182 riyals.
Used 18 -gram gold price: from 150 to 156 riyals.
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The price of an ounce of gold came today, Wednesday, in Saudi Arabia in Real against the US dollar, as follows:
The price of an ounce of gold in Saudi Arabia for sale: 6663 riyals, equivalent to ($ 1777).
The price of an ounce of gold in Saudi Arabia for purchase: 6667 riyals, equivalent to ($ 1778).
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The price of the gold pound in Saudi Arabia came today, Wednesday, November 16, 2022, in the local markets, as follows:
The price of the gold pound in Saudi Arabia 21: 1799 riyals, equivalent to ($ 479).
The price of the gold pound in Saudi Arabia 22: 1885 riyals, equivalent to ($ 502).
The price of the gold pound in Saudi Arabia 24: 2056 riyals, equivalent to ($ 548).
The price of gold globally is affected by the extent of raising and reducing the value of the dollar, as it is in an inverse relationship between gold and the basket of global currencies such as: the dollar, the euro, the Japanese yen, the pound sterling, the Chinese yuan, and other currencies, the higher the value of the currencies, the lower the price of gold globally, while then The value of the currencies has decreased, the price of gold increased, while the local market in the Kingdom is directly affected by the global market.
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