Gold Prices Fall in Saudi Arabia Amid Global Central Bank Buying Spree
Gold prices in Saudi Arabia fell on Monday, according to data compiled by FXStreet. The price for Gold stood at SAR 534.14 per gram, down from SAR 537.72 it cost on Friday.
The price decrease was also reflected in the tola unit, with Gold now costing SAR 6,230.14 per tola compared to SAR 6,271.86 on Friday.
FXStreet calculates Gold prices in Saudi Arabia by adapting international prices (USD/SAR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication.