In the Saudi market, the average price of a gram of 24 carat gold was about 226.48 riyals ($ 60.38), compared to 224.61 riyals ($ 59.88) on Monday.
According to data, the price of a gram of 21-carat gold, the best selling in the Kingdom, was 198.17 riyals ($ 52.83), compared to 196.54 riyals ($ 52.40) yesterday, and these prices before calculating the seller’s “workmanship”.
The price of a gram of 18 carat gold, the most popular in the region, also continued to rise, recording 169.86 riyals ($ 45.27), compared to 168.46 riyals (44.94 dollars) at the close of trading on Monday.
Gold prices are low cost
The price of a gram of gold (16) carat came at the level of 150.99 riyals ($ 40.25), and for the price of a gram (14 carat), it recorded 132.12 riyals ($ 35.22), and the price of a gram of gold (12) carat recorded 113.24 riyals ($ 30.19), and a karat (10 ) Record 94.37 riyals ($ 25.16).
The price of an ounce
The price of an ounce of gold (an ounce) in the Saudi market today, Tuesday, was 7,043.11 riyals (1877.74 dollars) compared to 1861.13 dollars an ounce (an ounce) at the close of trading on Monday.
Gold worldwide
Gold prices stabilized today, Tuesday, with the dollar retreating from its highest level in two months, as investors look to the first US presidential debate and the developments of a new bill for coronavirus aid in the United States.
There was little change in the yellow metal in the spot market, and settled at $ 1880.01 an ounce by 0517 GMT. In the previous session, gold rose 1.1%, its biggest daily gain since late August.
And gold rose in futures trading in the United States 0.2 percent to 1885.50 dollars an ounce.
The dollar index fell away from its highest level in two months of 94.745, which it reached last week.
A weak dollar cuts the cost of gold to holders of other currencies.
“The dollar’s decline helped gold as the link between them remains relatively strong,” said Hu Wei Li, economist at OCBC
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