Gold Price in Saudi Arabia Today (16th May 2023)

Gold Price in Saudi Arabia Today (16th May 2023)

The gold price in Saudi Arabia (KSA) today, on 16th May 2023, is 2,433.17 SAR (Saudi Riyal) per gram for 24-Karat gold. The price of 24-Karat gold is being sold for SAR 7,568.14.

Here are the gold prices in Saudi Arabia on 16th May 2023:

  • Gold 24K per ounce: SAR 7,568.14 / $2,017.78
  • Gold 24K per 10 grams: SAR 2,433.17 / $648.72
  • Gold 22K per 10 grams: SAR 2,230.41 / $594.66
  • Gold 24K per tola: SAR 2,838.30 / $756.73
  • Gold 22K per tola: SAR 2,601.78 / $693.67

Please note that gold rates fluctuate daily worldwide, including in Saudi Arabia. These rates are provided in SAR currency and different karat formats (18K, 20K, 21K, and 22K) for 1 tola, 1 gram, and 10 grams. The live rates are sourced from local gold markets and bullion markets in Saudi Arabia. It’s important to note that the rates provided are for informational purposes only and not intended for trading. Individuals planning to trade in gold should seek advice from their legal counsel before engaging in any transactions. The rates are indicative, and the website holds no responsibility for any losses incurred.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button