Riyadh: The good news for the Saudi people is that gold prices have fallen in the market.
According to Arab media reports, gold prices in the country fell after fluctuations in the global gold market. Yesterday, the price of 24 carat one gram of gold was 217.38 riyals.
The report said that 21 carat gold per gram was sold at 190.21 riyals in the Saudi gold market.
Similarly, the price of 18 carat one gram gold was recorded at 163.03 riyals while the price of 14 carat one gram gold was 126.80 riyals. An ounce of gold continued to sell for 6761.25 riyals.
The price of gold guinea in the country has come down to 1521.66 riyals.
It should be noted that gold in the international market remained above the level of 00 1800. Instant gold traded 0.1 percent higher at 180 1,806.39 an ounce.