In Saudi Arabia, there was a decrease in gold prices on Friday. Thehighest-selling 21-carat gold rate remained at 196.21 Saudi Riyals pergram, while the market had closed at 197.95 Saudi Riyals the previous day.
Furthermore, according to recent news, in the Saudi Arabian gold market,the price of 24-carat gold per gram was 224.58 Saudi Riyals, 22-carat goldwas 205.86 Saudi Riyals, and 18-carat gold was 168.43 Saudi Riyals.
The price of 21-carat gold for an 8-gram gani (a traditional gold jewelryunit) was 1886.45 Saudi Riyals, while the 22-carat gani was priced at1976.28 Saudi Riyals, and the 24-carat gani was priced at 2155.94 SaudiRiyals.
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In the gold wholesale market, one kilogram of gold was sold at 2,26,149Saudi Riyals, while the price of 7-gram Sabika (a gold jewelry unit)remained at 22,727 Saudi Riyals.