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Gold prices in the UAE today, Wednesday, July 15, 2026, after global decline

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Gold prices in the UAE today, Wednesday, July 15, 2026, after global decline

Bank results boost Wall Street as IBM's collapse limits Dow Jones gains

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Bank results boost Wall Street as IBM's collapse limits Dow Jones gains

Riyadh hosts the tenth edition of the Future Investment Initiative in October

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Riyadh hosts the tenth edition of the Future Investment Initiative in October

Heatwave and Hormuz crisis push Japan electricity prices to six-week high

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Heatwave and Hormuz crisis push Japan electricity prices to six-week high

IBM's Shares Fall 23% in Worst Performance in Decades: Causes Behind the Decline

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IBM's Shares Fall 23% in Worst Performance in Decades: Causes Behind the Decline
الاقتصادية - CNN

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Today's gold price in Saudi Arabia on July 13, 2026: 24-karat purity latest update

Today's gold price in Saudi Arabia on July 13, 2026: 24-karat purity latest update

Today, Monday, July 13, 2026, gold prices in Saudi Arabia experienced a relative decline across all denominations, in line with a global drop of over 1% due to concerns over closing the Strait of Hormuz and rising oil prices. This has led markets to anticipate that central banks will raise interest rates to combat inflation. The price of a gram of 24-karat gold reached approximately 488.8 riyals (130.4 USD), while 21-karat gold was priced at 427.8 riyals (114.1 USD). Meanwhile, 22-karat gold stood at around 448.1 riyals (119.5 USD) per gram. Additionally, gold bullion weights ranging from 10 grams to one kilogram saw similar decreases, with the global gold price falling to $4,060 an ounce—the lowest level in some time—reflecting gold's failure to serve as a safe haven amid ongoing geopolitical tensions.

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