As of 9 September 2024, the gold rate in Saudi Arabia reflects the ongoing fluctuations in global gold markets. Prices vary depending on the gold’s purity, with 24K being the highest quality. Investors and jewelry buyers closely monitor these rates to make informed decisions.
Chart of Gold Rate In Saudia Today 9 September 2024
| Gold Purity | Price (SAR) |
|---|---|
| 24K (per gram) | 240.50 SAR |
| 22K (per gram) | 220.75 SAR |
| 21K (per gram) | 210.60 SAR |
| 18K (per gram) | 180.30 SAR |
Disclaimer
The rates mentioned are based on market trends as of 9 September 2024 and may fluctuate throughout the day due to international gold price variations.
Thoughts on Gold Rates
The gold market in Saudi Arabia remains influenced by various factors such as global demand, currency exchange rates, and geopolitical events. The 24K rate in the kingdom is often viewed as a safe-haven investment by individuals and businesses alike. Gold prices in Saudi Arabia often parallel trends in global markets, and with rising inflation and a volatile global economy, many are turning to gold as a secure investment.
Gold Rates in Other Countries
- USA – $65 per gram
- India – INR 5,500 per gram
- Pakistan – PKR 18,000 per tola
- UAE – AED 220 per gram
- UK – GBP 50 per gram
- Australia – AUD 95 per gram
- Canada – CAD 85 per gram
- Qatar – QAR 240 per gram
- Kuwait – KWD 20 per gram
- Turkey – TRY 900 per gram
Conclusion
Gold continues to be a significant investment in Saudi Arabia, with prices reflecting broader economic trends. As we witness the ongoing volatility in the market, gold remains a stable asset for those looking to hedge against uncertainty. Monitoring daily rates is essential for investors and buyers alike.
