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Gold prices in Saudi Arabia on Monday, November 30, 2020


 

Gold prices in Saudi Arabia fell, monday morning, with expectations of a fall in the price of the precious metal in the world market.


The decline comes in anticipation of global price declines with positive news on the vaccine that may encourage investors to take risks, following the stability of the weekends of the global precious metal exchanges on Saturday and Sunday.  


Gold prices in Saudi Arabia

The price of 24-carat gold in the Kingdom fell to 212.92 riyals ($56.78) from 215.45 riyals ($57.45) in yesterday's trading.


The price of the best-selling 21-carat gold fell to 186.30 riyals ($49.68), compared to 188.52 riyals ($50.27) on Sunday.


As for the price of 18-gauge gold, it fell to 159.69 riyals ($42.58), compared to 161.59 riyals ($43.09).


The price of 14-gauge gold fell to 124.20 riyals ($33.12), compared with 125.68 riyals ($33.51).


Price of an ounce and pound gold

The price of an ounce (ounce) in the Kingdom fell to 6,622.50 riyals ($1,766), compared to 6,701.25 riyals ($1,787) in yesterday's trading.


The price of the pound gold (8 grams of caliber 21) fell to 1490.43 riyals ($397.45) against 1508.16 riyals ($402.12) yesterday.


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