Gold Prices Hold Steady In Saudi Arabia Amid Market Calm

Gold prices in Saudi Arabia remained largely unchanged on Thursday, reflecting continued market stability.

The price of gold stood at 403.19 Saudi Riyals (SAR) per gram, showing minimal movement from Wednesday’s rate of SAR 403.34. Similarly, gold prices per tola were recorded at SAR 4,702.73, only slightly lower than the previous day’s SAR 4,704.44.

Other unit prices showed consistent levels as well, with 10 grams of gold priced at SAR 4,031.91 and a troy ounce at SAR 12,540.54.

The steadiness in prices suggests a period of calm in the local gold market, with no major fluctuations impacting investor sentiment or retail demand.