The pure gold charges in Saudi Arabia was recorded at 4,062 Saudi Riyal (SAR) per tola on Tuesday, March 4, 2025.
In line with particulars from Foreign exchange.pk, 10 grams of pure gold in Saudi Arabia is being bought at SAR 3,486. Moreover, the value for an oz. of gold is SAR 10,844.
You will need to observe that gold charges are topic to world market fluctuations, together with these particular to Saudi Arabia, with the final replace recorded at 09:00 am March 4, 2025.
Gold, a extremely valued valuable metallic, has maintained its significance for hundreds of years and performs an important function within the world economic system.
Its worth stems from its shortage, sturdiness, and widespread enchantment. Often considered a safe-haven asset, gold is employed to protect wealth throughout occasions of financial instability.
Learn extra: Saudi Riyal to Pakistani rupee charge; March 3, 2025
Central banks and buyers preserve gold reserves to diversify their funding portfolios and defend towards inflation and foreign money worth fluctuations.
The worth of gold depends upon a variety of things. Geopolitical instability or fears of a deep recession can shortly make gold charges escalate resulting from its safe-haven standing.
As a yield-less asset, gold tends to rise with decrease rates of interest, whereas greater value of cash normally weighs down on the yellow metallic.
In the meantime, the trade charge of the Saudi Riyal (SAR) towards the Pakistani Rupee (PKR) was recorded at Rs74.52 within the open market on Tuesday, March 4, 2025.
The promoting charge of the Riyal dropped as it’s being bought for Rs74.65.