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Commodities

Saudi Arabia Sees Jump in Gold Prices on August 12

Guavy AI Editorial Team
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Gold
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Gold prices rose in Saudi Arabia on August 12, according to data compiled by FXStreet. The price for Gold stood at 531.34 Saudi Riyals (SAR) per gram, up from the SAR 527.37 it cost on Tuesday.

The increase also extended to other measurement units, with Gold now priced at SAR 6,197.29 per tola and SAR 16,526.76 per Troy ounce.

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.

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