Gold prices in Saudi Arabia took a noticeable dip today, offering a small window of relief for buyers after a period of consistent highs. On April 19, 2025, the price of 24-karat gold per tola dropped to SAR 4,631, showing a downward shift from previous rates. Similarly, 10 grams of 24-karat gold now cost SAR 3,975, while the per ounce price has settled at SAR 12,362, based on the latest update at 11:25 AM local time.
This price drop follows global market reactions to growing economic uncertainties, particularly after recent trade tensions involving major players like the US, China, Canada, and Mexico. With investors seeking safer assets, gold initially surged, but a momentary pullback in prices is being seen across several markets, including the Gulf region.
For everyday consumers in Saudi Arabia, this price reduction might offer a brief opportunity to purchase gold at more favorable rates, whether for personal use, gifts, or investment. However, given the volatile nature of the international gold market, such dips may be short-lived.
Here’s a quick snapshot of today’s gold prices in Saudi Arabia:
| Gold Type | Price (SAR) |
|---|---|
| 24K Gold per Tola | 4,631 |
| 24K Gold per 10 Grams | 3,975 |
| Gold per Ounce | 12,362 |
While the Saudi Riyal also saw a rise against the Pakistani Rupee—reaching Rs74.78 in the open market—the overall sentiment remains cautious as geopolitical and economic developments continue to influence market dynamics. Whether you’re an investor or just planning to shop for some jewelry, it’s wise to keep an eye on daily fluctuations.