Gold prices in Saudi Arabia July 29

Today, Wednesday, July 29, 2026, gold prices in Saudi Arabia experienced a relative decline across all denominations compared to yesterday. Meanwhile, global gold prices declined amid a stable dollar and investors awaiting the Federal Reserve's decisions regarding monetary policy, particularly concerning interest rates and inflation. The price of 24-karat gold per gram reached approximately 485.5 SAR (129.5 USD), while 21-karat was around 424.8 SAR (113.3 USD), and 22-karat about 445.1 SAR (118.7 USD). Gold bullion prices also fluctuated, with a 10-gram 24-karat bar priced at about 4,990.7 SAR (1,330.8 USD), a 50-gram bar at roughly 24,613.5 SAR (6,563.6 USD), and a one-kilogram bar around 488,871.4 SAR (130,365.7 USD). Globally, the price of an ounce of gold declined by 0.1% to $4,021.87, as the market awaits the Federal Reserve's interest rate decisions, with expectations that rates will remain unchanged after its two-day meeting.

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