As of September 28, 2024, gold prices in Saudi Arabia remain subject to the ebb and flow of global market dynamics and domestic economic considerations. Gold holds a special place in Saudi culture and is also perceived as a safe investment, making its price a matter of significant attention. This article aims to furnish you with the most current gold rates in Saudi Riyals (SAR), accompanied by insights into the factors impacting their value in the Saudi Arabian market.
Chart of Gold Rate In Saudia Today 28 September 2024
| Carat | Price per gram (SAR) |
|---|---|
| 24K | 327 |
| 22K | 304 |
| 18K | 248.10 |
Disclaimer About Today’s Rates
The gold rates provided above are for informational purposes only and are susceptible to fluctuations throughout the day. For the most precise and up-to-the-minute prices, it is highly advisable to consult with a local jeweler or gold trader.
Thoughts on Gold Rates in Saudi Arabia
Today’s gold prices in Saudi Arabia show a slight increase, possibly reflecting a combination of global economic uncertainties, geopolitical tensions, and shifts in investor sentiment towards safe-haven assets like gold. The demand for gold jewelry and investment remains strong in the Kingdom, particularly with the upcoming festive season.
Last 10 Days Gold Rate Chart (24K) in SAR
| Date | Price per gram (SAR) |
|---|---|
| 18th September 2024 | 319.00 |
| 19th September 2024 | 319.75 |
| 20th September 2024 | 319.25 |
| 21st September 2024 | 319.00 |
| 22nd September 2024 | 320 |
| 23rd September 2024 | 325 |
| 24th September 2024 | 323 |
| 25th September 2024 | 325 |
| 26th September 2024 | 325 |
| 27th September 2024 | 328 |
Conclusion
As of September 28, 2024, gold rates in Saudi Arabia are showing a minor uptrend. While prices can vary throughout the day, the overall trend suggests a gradual appreciation in value. Keep a close eye on global market factors and local economic indicators as they could influence future price movements.
