Gold price drops after continuous rise

By Muhammad JuniadPublished On 08 Jul 2023

Riyadh: After continuous rise, a downward trend in gold prices has been recorded in the Saudi gold market.

According to Saudi news agency, the price of gold in the Saudi gold market recorded a fall as the price of 24 karat gold per gram was 230.28 riyals, 22 karat gold was 211.09 riyals, 21 karat gold was sold at 201.50 riyals per gram, while the 18 karat costs 172.71 riyals.

Riyadh: After continuous rise, a downward trend in gold prices has been recorded in the Saudi gold market.

According to Saudi news agency, the price of gold in the Saudi gold market recorded a fall as the price of 24 karat gold per gram was 230.28 riyals, 22 karat gold was 211.09 riyals, 21 karat gold was sold at 201.50 riyals per gram, while the 18 karat costs 172.71 riyals.

On the other hand, after rise in the international market, the Sarafa market in different cities of Pakistan witnessed a raise of Rs600 in per tola price after which the price has settles at Rs208400.