Gold prices in Saudi Arabia experienced a slight increase on Monday.
The price of gold per gram stood at 316.59 Saudi Riyals (SAR), up from 315.78 SAR on Friday. Similarly, the price for gold per tola rose to 3,692.62 SAR, compared to 3,683.21 SAR recorded last week.
As of Monday, the price for gold in Saudi Arabia was as follows:
1 Gram: 316.59 SAR
10 Grams: 3,165.88 SAR
1 Tola: 3,692.62 SAR
1 Troy Ounce: 9,847.00 SAR
The increase in gold prices reflects ongoing market dynamics and rising investor interest in the precious metal. This rise in value may be influenced by various global economic factors, which continue to shape gold’s appeal as a safe-haven investment.