Gold prices witnessed a significant increase in Saudi markets on Wednesday, amid continued global fluctuations in the price of the yellow metal.
The price of
gold continues to reach new highs as investors and consumers await market movements. The price of a gram of 21-karat gold rose to 480.75 riyals in Saudi Arabia on Wednesday.
The a gram of 24-
reached 549.20 riyals.
The price of a gram of 22- karat was 503.75 riyals.
The price of a
gram of 18-karat gold was 412 riyals.
The price of an ounce of gold in Saudi Arabia on Wednesday
was 17,091.25 riyals (US$4,557.68), while the price of a gold sovereign was 3,846.50 riyals.
