Gold price in Saudi Arabia: Rates on June 1
The post Gold price in Saudi Arabia: Rates on June 1 appeared on BitcoinEthereumNews.com. Gold prices fell in Saudi Arabia on Monday, according to data compiled by FXStreet. The price for Gold stood at 544.61 Saudi Riyals (SAR) per gram, down compared with the SAR 547.54 it cost on Friday. The price for Gold decreased to SAR 6,352.22 per tola from SAR 6,386.37 per tola on friday. Unit measure Gold Price in SAR 1 Gram 544.61 10 Grams 5,446.09 Tola 6,352.22 Troy Ounce 16,939.33 FXStreet calculates Gold prices in Saudi Arabia by adapting international prices (USD/SAR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly. Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-ha