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Saudi gold prices steady July 23

Saudi gold prices steady July 23

Gold prices in Saudi Arabia experienced relative stability on Thursday, July 23, 2026, across all denominations compared to the previous day. This followed a global price decline after reaching a two-week high yesterday due to escalating regional tensions and conflicts in the Middle East, which also drove up oil prices. The price of a gram of 24-karat gold was approximately 497.2 SAR (132.6 USD), while 21-karat gold was around 435.1 SAR (116.1 USD), and 22-karat gold about 455.7 SAR (121.5 USD). Additionally, the price of a 10-gram 24-karat gold bar was roughly 5,110.9 SAR (1,362.9 USD), a 50-gram bar approximately 25,206.2 SAR (6,721.7 USD), and a kilogram of gold about 500,644.5 SAR (133,505.2 USD). Globally, the spot price of gold held steady at $4,132.01 per ounce, after reaching $4,165.87 yesterday, amid anticipation of the U.S. Federal Reserve's decision on interest rates.

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