On January 6, 2025, the rate of 24-karat gold in Saudi Arabia decreased to SAR 3,708 per tola.
Gold Prices:
- 10 grams of gold: SAR 3,183
- 1 ounce of gold: SAR 9,900
Gold prices in Saudi Arabia, like elsewhere, are influenced by global market trends and economic conditions. As a precious metal with immense historical value, gold continues to hold an essential position in the global economy. Its appeal stems from its rarity, durability, and status as a reliable store of wealth, especially during times of economic uncertainty.
Often regarded as a safe-haven asset, gold is a preferred choice for investors and central banks looking to diversify portfolios and protect against inflation and currency fluctuations.