The prices of gold in Saudi Arabia on October 8, 2023 are given below.
There are a number of places where you can buy gold in Saudi Arabia. You can buy gold from jewellery stores, bullion dealers, and banks.
When buying gold, it is important to choose a reputable seller. You should also ask about the purity of the gold and the seller's return policy.
Gold as an investment
Gold can be a good investment for a number of reasons. It is a safe haven asset, and it can help to diversify your portfolio. Gold is also a tangible asset, which means that it has intrinsic value.
However, it is significant to remember that gold is a volatile asset. The price of gold can fluctuate wildly, and there is no guarantee that the price of gold will go up in the future.
If you are considering investing in gold, it is essential to do your research and understand the risks involved. You should also consult with a financial advisor to determine if gold is a good investment for you.
The prices of gold are 209.70 SAR (Saudi Riyal) for 10 grams of 24-karat gold, and 2577.39 SAR for 1 tola of 24-karat gold. The price of 22-karat gold is 2025.60 SAR for 10 grams, and 2362.66 SAR for 1 tola.
| Gold Unit | Gold Rate in SAR |
|---|---|
| Gold 24K per 1 Gram | 220.97 |
| Gold 22K per 1 Gram | 202.56 |
| Gold 24K per 10 Grams | 2209.70 |
| Gold 22K per 10 Grams | 2025.60 |
| Gold 24K per Tola | 2577.39 |
| Gold 22K per Tola | 2362.66 |
