The pure gold charges in Saudi Arabia was recorded at 4,124 Saudi Riyal (SAR) per tola on Monday, February 24, 2025.
Based on particulars from Foreign exchange.pk, 10 grams of pure gold in Saudi Arabia is being offered at SAR 3,540. Moreover, the worth for an oz. of gold is SAR 11,010.
It is very important observe that gold charges are topic to world market fluctuations, together with these particular to Saudi Arabia, with the final replace recorded at 10:30 am February 24, 2025.
Gold, a extremely valued valuable steel, has maintained its significance for hundreds of years and performs an important position within the world economic system.
Its worth stems from its shortage, sturdiness, and widespread attraction. Steadily thought to be a safe-haven asset, gold is employed to protect wealth throughout occasions of financial instability.
Learn extra: Saudi Riyal to Pakistani rupee fee; February 24, 2025
Central banks and traders preserve gold reserves to diversify their funding portfolios and defend in opposition to inflation and foreign money worth fluctuations.
The value of gold depends upon a variety of things. Geopolitical instability or fears of a deep recession can shortly make gold charges escalate attributable to its safe-haven standing.
As a yield-less asset, gold tends to rise with decrease rates of interest, whereas larger price of cash often weighs down on the yellow steel.
The alternate fee of the Saudi Riyal (SAR) in opposition to the Pakistani Rupee (PKR) remained unchanged at Rs74.2 within the open market on Monday, February 24, 2025.
The promoting fee of the Riyal additionally remained fixed as it’s being offered for Rs74.75.