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Home > Saudi Arabia > Gold Rates in Saudi Arabia
 

Gold Rates in Saudi Arabia

Gold Price in KSA Saudi Arabia - This is a dedicated page for gold price in Saudi Arabia; the purpose of the information about the gold is to keep inform every user who wants to know live gold rate in Saudi Arabia. PakBiz.com provides international spot gold rates of Gold 24K per ounce in US$ Dollar, also provide gold price in Saudi Arabia 10 gram for 24 carat in in (SAR) Saudi Arabian Riyal. All the Saudi gold rate and international gold rates are taken from reliable source only for the updated information of website site visitors. Gold price in Saudi keep update to the gold investors in taking decision smartly for both online and physical investors of gold. You can find gold price in KSA per Gram, 10 gram gold rate in Riyadh and 22 Carat gold price in Jeddah. You can also find city wise spot gold price today per tola in Riyadh, live bullion gold rates in Makkah, live gold rates in Madinah, today’s gold price in Jeddah, current god rates in Dammam, gold rates in Al Asha and live gold Prices in Saudi Riyal SAR in Tai’f, and gold rates are available in 24k Carat per tola, 24 carat per 10 gram, 22K carat per tola, 22 carat per 10gram, 21K carat per tola, 21 carat per 10 gram, gold Bars, gold biscuits rates in Saudi Arabia (Saudi Arabian Riyal SAR), and spot silver rates respectively.
International Gold Rates:

 Gold 24K / Ounce (04 Sep, 2015 09:15:24 )

$1,118.70

Gold Rates Saudi Arabia

(Converted from International Rate)
(Update and associate with international Gold trading)
Saudi Arabia [Gold 24K per 10 Grams] SAR 1,348.74
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 Saudi Arabia Gold Rates Reviews & Comments 
There was much speculation that Saudi Arabia was purposely driving the price down in order to hurt other countries, or perhaps to bankrupt oil projects elsewhere in anticipation that it would eventually lead to much higher prices. If this was a plan, it was a pretty bad plan, as Saudi Arabia has been hurt quite a bit by the lower oil revenues. The oil analogy from last year doesn’t really compare to the current downturn in gold. We can’t say that China is suffering like Saudi Arabia because there is a major difference between their respective resources. Saudi Arabia sells its oil and depends on the revenue. China holds gold and looks at it as an investment.
John Watson Thu 27 Aug, 2015

kindly send me every day gold price 22 and 24 carrat
B. KHAN Wed 26 Aug, 2015

The US shale industry has also been more resilient than expected, as has output from other non-Opec producers. Meanwhile, members of the Opec producers’ cartel such as Saudi Arabia and Iraq are pumping at near record rates. Cheap money and the desperate search for yield by investors enabled the shale oil and gas companies to borrow at very low cost, causing their output to soar. Investors, not knowing what they were buying, piled into junk bond funds, stuffed with paper issued by the "frackers". Saudi Arabia was losing market share, and so decided to start a price war.
Abu Fouzan Tue 25 Aug, 2015

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 5.88%. Saudi Arabia stocks were lower after the close on Monday, as losses in the Insurance, Real Estate Development and Petrochemicals sectors led shares lower. At the close in Saudi Arabia, the Tadawul All Share lost 5.88% to hit a new 52-week low. The best performers of the session on the Tadawul All Share were Kingdom Holding Company (SE:4280), which rose 4.74% or 0.86 points to trade at 19.00 at the close. Meanwhile, Halwani Bros (SE:6001) added 4.28% or 2.75 points to end at 67.00 and Saudi Transport & Investment Co (SE:4110) was up 2.71% or 1.45 points to 55.00 in late trade.
Faisal Aziz Tue 25 Aug, 2015

Gold price falls despite haven status. Gold prices have slipped as sharp declines in stocks forced some investors to sell profitable gold wagers to meet loan losses. The most actively traded contract, for December delivery, fell $US6, or 0.5 per cent, to settle at $US1,153.60 a troy ounce on the Comex division of the New York Mercantile Exchange. Gold rallied to a seven-week high on Friday as some investors wagered that the Federal Reserve will delay raising interest rates in response to deteriorating economic conditions in China. Fed officials have said that despite progress in labor and property markets, the US economic rebound doesn't yet warrant higher rates. With China's problems already viewed as a potential worry by the Fed, some gold traders have been betting that any escalation will force the US central bank to stand pat on rates, giving gold a respite.
Abu Zubair Tue 25 Aug, 2015

Please send me daily gold price up to date thanks
mohammad Ali Zakir Mon 24 Aug, 2015

Please send me daily gold price up to date thanks
mohammad Ali Zakir Mon 24 Aug, 2015

Plz let me know gold prices 21k, 22, and 24 Gold bar.
Zaree Mon 24 Aug, 2015

Plz let me know gold prices 21k, 22, and 24 Gold bar.
Zaree Mon 24 Aug, 2015

Sir please sand me Avery day ksa gold price thank you sir
mukesh kumar Fri 21 Aug, 2015

Gold has really rallied. Gold added nearly $45 dollars this week, and is now trading over $1,160 per ounce. Silver and platinum also rose. As with the dollar's news, this isn't really surprising since gold and the dollar generally trade inversely to each other. Expect gold to keep its gains, but keep a close eye on the dollar markets.
Faeeq Khan Fri 21 Aug, 2015

The following tables shows the latest gold price in Saudi Arabic States calculated in Saudi Arabian Riyal (SAR) and updated regularly. The prices are sometimes updated more frequently at times of strong price moves based on live spot gold price (Bid Price). The last update was on Friday 21st August 2015, 08:49 am (GMT) or Friday 21st August 2015, 11:49 am according to the local time of Riyadh. Gold prices are calculated both per ounce, gram, kilogram and tola and for the most common karats.
Suleman Shah Fri 21 Aug, 2015

Please send me gold rate 22k
shajahan Fri 21 Aug, 2015

Sir,pls email me daily Jeddah 24,22 karrat gold rates
Mohammad anwar Thu 20 Aug, 2015

Sir,pls email me daily Jeddah 24,22 karrat gold rates
Mohammad anwar Thu 20 Aug, 2015

Saudi Arabia stocks were lower after the close on Sunday, as losses in the Transport, Real Estate Development and Building & Construction sectors led shares lower. At the close in Saudi Arabia, the Tadawul All Share declined 2.53% to hit a new 6-months low. The best performers of the session on the Tadawul All Share were Bupa Arabia for Coop. Insurance, which rose 2.11% or 5.48 points to trade at 265.50 at the close. Meanwhile, Alabdullatif Co. added 0.96% or 0.36 points to end at 38.00 and Mouwasat Medical Services Company was up 0.76% or 1.08 points to 143.00 in late trade. The worst performers of the session were Takween Advanced Industries, which fell 9.62% or 6.20 points to trade at 58.25 at the close. Saudi Transport & Investment Co declined 9.44% or 6.31 points to end at 60.50 and Al-Babtain Power &Telecom Co was down 9.00% or 3.65 points to 36.90.
Abu Anas Mon 17 Aug, 2015

Experts: Best time to save and invest as gold price drops. The price of gold dropped in the past week in what is considered the sharpest drop in the past 16 years. Financial analysts consider this development as a result of the crisis in the European Union. However, this is also considered a great period for personal savings and investments, as well as increased competition among gold shops. Media reports confirm that gold prices are not expected to drop bellow $1,000 an ounce. Abdullah Al-Ammari, the CEO of Salim Hassan Al-Amari and his brother's company, said that the local market has witnessed an increase in demand for 50 and 200 grams gold bullions. He noted that the drop in prices is a great opportunity to make savings as an investment. He further said the high demand includes not only the gold bullions, but for other gold-related jewelries including bracelets, necklaces and rings thanks to the wedding season. However, he noted that they have not documented great demand from Umrah and visitors due to the current political unrest in the Arab region.
Ahmed Ibrahim Mon 17 Aug, 2015

There was much speculation that Saudi Arabia was purposely driving the price down in order to hurt other countries, or perhaps to bankrupt oil projects elsewhere in anticipation that it would eventually lead to much higher prices. If this was a plan, it was a pretty bad plan, as Saudi Arabia has been hurt quite a bit by the lower oil revenues. The oil analogy from last year doesn’t really compare to the current downturn in gold. We can’t say that China is suffering like Saudi Arabia because there is a major difference between their respective resources. Saudi Arabia sells its oil and depends on the revenue. China holds gold and looks at it as an investment.
Irfan Alzamil Mon 17 Aug, 2015

24 gold rat
jagseer singh Mon 17 Aug, 2015

Please inform me via mail every day gold price 24 k & 22 k
Aousaf Khan Sun 16 Aug, 2015

Gold parie
amardeep Sat 15 Aug, 2015

Bloomberg reported on the drop in the gold price and estimated that it has cost Russia and China $5.4 billion. This is based on the estimated holdings of the two countries’ central banks. There was much speculation that Saudi Arabia was purposely driving the price down in order to hurt other countries, or perhaps to bankrupt oil projects elsewhere in anticipation that it would eventually lead to much higher prices. If this was a plan, it was a pretty bad plan, as Saudi Arabia has been hurt quite a bit by the lower oil revenues. The oil analogy from last year doesn’t really compare to the current downturn in gold. We can’t say that China is suffering like Saudi Arabia because there is a major difference between their respective resources. Saudi Arabia sells its oil and depends on the revenue. China holds gold and looks at it as an investment.
Arif Hameed Khan Thu 13 Aug, 2015

Sir,pls send me 24k,22k daily gold rates of Jeddah thks.
anwar Wed 12 Aug, 2015

Greeting to you out there on behalf of our client who is a ship military personnel and he has come up with some raw gold and he want us to sell them for him because he does not have means to get rid of them and the worth of the gold is about 1.5million usd and now we just need to post this out for any interested buyer either in large quantity of small.you can kindly contact us soon if you are interested in this.thanks Goldstab Polymers Additive Address:No.102 Terminal,Near Domestic Airport& Hotel Sahara Star Nehru Road,Vile Parle West Mumbai-40057 inforawgoldmill@gmail.com Phone:08489604496
Goldstab Polymers Additive Fri 07 Aug, 2015

Plz send me 10 gm, 22K gold price daily basis. Thanks
Syed Nusrath Hussain Tue 04 Aug, 2015

Hello. I got your contact information from a reputable business/professional directory of Gold Dealers. My name is Engr.Francis Sarpong from Ghana,i am agent to local miners in Africa,i have sellers from,Guinea,Mali,Burkina Faso and sierra Leon who are ready to bring there gold to Ghana on request,you will be required to come to Ghana to finish the transaction and how many kilos can you afford to buy,you will be given some discount on the day of shipment based on the price of that day. I hope to hear from you soon, Thanks, Engr.F.Sarpong francis.sarpong@gmail.com
Engr.F.Sarpong Mon 03 Aug, 2015

Aslamoalekum sir please inform 22k gold rate
farook ahmad Sun 02 Aug, 2015

sir i needet gold prices update 21.22.24 k.thainks
imran Thu 30 Jul, 2015

Hello Sir/Madam, My name is frank am 20yrs old an orphan,my parents died in a severe accident 2yrs ago. The reason am writing you is that 2 days ago I was arranging my late fathers room because am planing to rent the house so I can pay for my school fees and I saw a metal box. Have tried to opened it and it was a consignment contain 55kgs of gold which there was a letter saying 97.9% and 23carat. Please I want a God fearing man to help me sell this gold,take me as his son and take care of me in my education,am ready to split the money 50/50 with you and you help me invest my money so I can further my education. Please reply me if you can help me. skype:frankdodo_77 mail :fkwame77@gmail.com thank you regard
frank Tue 28 Jul, 2015

Hello Sir/Madam, My name is frank am 20yrs old an orphan,my parents died in a severe accident 2yrs ago. The reason am writing you is that 2 days ago I was arranging my late fathers room because am planing to rent the house so I can pay for my school fees and I saw a metal box. Have tried to opened it and it was a consignment contain 55kgs of gold which there was a letter saying 97.9% and 23carat. Please I want a God fearing man to help me sell this gold,take me as his son and take care of me in my education,am ready to split the money 50/50 with you and you help me invest my money so I can further my education. Please reply me if you can help me. skype:frankdodo_77 mail :fkwame77@gmail.com thank you regard
frank Tue 28 Jul, 2015

please information gold Damam
Daler Tue 28 Jul, 2015

Sir send me 22carete gold price per gram riyadh
rafique Sat 25 Jul, 2015

A woman does not need to be rich to sparkle. And during this Eid many resorted to gold-plated jewelry to show off a variety of wares on different occasions over the festive days. Gold plated pieces of jewelry, which looks very much like real pieces of gold necklaces and rings, is an in thing now. To many women it is way cheaper than buying real jewelry and gold. The business of gold plated women jewelry is growing as many women nowadays turn to buy them instead of real deal because it fulfills their need and no one suspects that it is not original. Women interviewed in this report agreed that people are always judged by their appearance. Manar Muhammed, 27 years old Saudi woman who prefers to buy gold plated jewelries rather than the original ones, said that people would never differentiate between them and the original jewelry. “We are a big family and we have many relatives all over the Kingdom. We have many family occasions and it will be extremely impossible to buy new gold necklaces and rings each time. We are already suffering with the burden of buying dresses, as we have to buy a new one each occasion.” She said that she resorted to buying gold plated pieces of jewelry, and found it a perfect solution. She said that it serves the purpose as long as no one takes a closer look or asks about it. Um Majed, a mother of six, believes that people always judge others by appearance. She has five daughters and to her it is economically impossible to buy gold for each one of them every time there is an occasion. Um Majed faced great difficulty trying to convince her daughters that gold plated pieces are a solution. “It was either they buy gold plated jewelries or they wear no gold. I have convinced them that there was nothing wrong with it and many people are buying it. Gold prices are on the rise and reaching a level I cannot afford to buy for my own,” she added. She said that she always worries because they keep comparing themselves with other girls wearing real gold.
Renad Ghanem Sat 25 Jul, 2015

We deal in Gold Dust / BARS our product details is below: GOLD DUST and GOLD BARS 1. Carat - 24 2. Purity - 999.9% 3. Quantity - Gold Dust (150KG) Gold dore bars (200kgs) 4. Price - $31,000 per kilo Contact us for more information. Thank you. If you are interested contact me through my private email nanagold233@yahoo.com for further details, Best Regards, Mr. Nana
Mr. Nana Thu 23 Jul, 2015

Engineering group DRA has secured a contract with Saudi Arabia's mining group Ma'aden Gold and Base Metals (MGBM) for the Ad Duwayhi gold mine, located 450km south-west of Riyadh. According to DRA, mining at the project will be performed using open-pit methods. The operation will have a conventional gold extraction process plant with crushing and milling facilities, and gravity concentration, as well as smelting facilities to produce gold doré on site. MGBM has opted to engage the services of the minerals processing company DRA to operate and maintain the plant. Minopex, the operations division of DRA in Southern Africa, has been operating and maintaining plants since 1996. DRA Saudi Arabia managing director Rashid Kader said: "The award of this contract is a major step forward for DRA in Saudi Arabia. Our office in Saudi Arabia will be based in Jeddah, over and above being able to service MGBM at the Ad Duwayhi mine, this new entity also gives us a crucial foothold in a region rich in minerals." DRA is deploying specialists to Saudi Arabia whose responsibilities will include pre-commissioning the plant. The company's operations team will take responsibilities for process engineering, specialist maintenance, asset management safety as well as training. Kader added: "Adapting to harsh conditions and challenging environments to meet our clients' objectives is one of our great strengths at DRA."
Nuwaib Thu 23 Jul, 2015

Saudi Arabia sees 60% increase in gold sales on Eid night. Old shops saw an increase in gold sales on the night of Eid as the price of grams for (18,21,22,24) carats went down. The gram of 24 carat gold reached SR138.52 while that of 22 carat gold dropped to SR126.98. The gram of 21 carat and 18 carat decreased to SR121.21 and SR103.89 respectively, according to gold experts in the Saudi market. Numerous gold investors agreed that Saudi women constituted the larger section of customers who played a role in increasing gold sales by 60 percent. The female customers bought gold bullions and sets, made especially for new brides who are going to get married soon. However, many women were interested in buying gold for saving purposes for the long term. They want to save it and sell it later when the price goes up, the investors noted. Ibrahim Al-Yafee, one of the investors, said a kilo of gold reached SR138,528.93 while the price of a gold coin and an ounce of gold dropped to SR969.68 and 4,308.53 respectively. Al-Yafee called for educating citizens about the ways they should use to calculate the price of a gold ounce and how to keep up with the prices of gold around the world. “Few years ago, the gold market was stagnant even in wedding and Eid events. As a result, many local investors lost money from dealing with international companies,” he noted. Abu Abid, a salesman at a gold shop, said the large drop in the prices attracted Saudis to buy gold in large quantities. He said the gold sales in Ramadan this year recorded the highest sales in five years. Saudi Arabia sees 60% increase in gold sales on Eid night.
Fouz Al-Ghamdi Thu 23 Jul, 2015

Plz inform me gold pric of ?? ksa ??
sonu ahmad Thu 23 Jul, 2015

Plz inform me gold pric of ?? ksa ??
sonu ahmad Thu 23 Jul, 2015

Please send me gold rate daily that is 24k 22k 21k
ch sajjad Thu 23 Jul, 2015

Please send me carat 24 and 22 gold rate daily
zubair Wed 22 Jul, 2015

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Gold Rates Saudi Arabia
Dollar Per Ounce $1118.7
SAR 10 Grams 1348.74
Gold Rates in Saudi Arabia
Open Market Forex Rates [SAR]
Currency Symbol Buying Selling
 U.S. Dollar USD 3.7812 3.7563
 Euro EUR 4.1863 4.1577
 British Pound GBP 5.7324 5.69
 UAE Dirham AED 1.0271 1.0269
 Pakistani Rupee PKR 0.0362 0.0358
 Kuwaiti Dinar KWD 12.4521 12.3495
 Canadian Dollar CAD 2.8752 2.8584
 Australian Dollar AUD 2.6311 2.6165

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