Riyadh: Gold prices rise during early morning trading in Saudi gold markets on Thursday, rising gold prices in the global market also had an impact on Saudi markets.
According to Saudi media, the average price of 24-carat gold per gram was 231.21 riyals on Wednesday while today it’s 231.97 riyals.
Twenty-one carat one gram of gold was sold at 202.31 riyals on Wednesday while its price rose to 202.97 on Thursday.
18 carat one gram of gold is being sold in the Saudi market at 173.98 riyals, its price was 173.41 riyals on Wednesday. In addition, a gram of 14-carat gold sold for 135.31 riyals.
The price of an ounce of gold in the Saudi market was recorded at 7,215 riyals, while the price of a 21-carat 8-gram gold biscuit was 1,623.78 riyals, up from 1,618.48 riyals on Wednesday.
According to Sindh Sarafa Bazar Jewelers Association, the price of gold per tola has come down by Rs 500 to Rs 115,700. The price of 10 grams of gold has come down by Rs 429 to Rs 99,194.
According to the association, the value of gold in the world market has decreased by 2$, and now it’s 9 1,916 per ounce.
The value of 10 grams of gold has decreased by Rs 429 to Rs 99,623. According to the association, the price of gold per ounce in the global barter market has decreased by 13$ to 9 1,918.
The price of gold in the country continues to fluctuate
The price of gold per tola in the country has decreased by Rs 500, the value of the dollar continues to decline.
Price In Pak
All Pakistan Jewelers Manufacturers Association Muhammad Arshad said that the price of gold in the country has decreased by Rs. 500 per tola to Rs. 115,600.
After the reduction in the price per tola, the price of 10 grams of gold decreased by Rs. 482 after which the price of 10 grams of gold became Rs. 99,108.
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