Gold prices in Saudi Arabia saw an increase on Thursday, reaching SAR 532.39 per gram compared to Wednesday's rate of SAR 531.39.
This marks a slight gain for gold, which is widely regarded as a safe-haven asset and a hedge against inflation and currency depreciation.
According to FXStreet, the price for gold rose to SAR 6,209.49 per tola from SAR 6,197.99 on Wednesday.
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