LAHORE – The price of per tola 24-karat gold in Saudi Arabia on Wednesday (March 12) slightly dipped to 4,0 80 Saudi Riyal (SAR), according to forex.pk.
Furthermore, the 10 grams of 24-k gold is being sold for SAR 3,502 in the kingdom while the per ounce gold price stands at SAR 10,892.
Note: The gold price across the world, including Saudi Arabia, changes constantly and there will be some differences in this post as the prices were updated at 10:00 am March 12, 2025.
The latest fluctuation in gold prices comes after people rushed to safer investment following trade war ensued after US President Donald Trump announced tariff on China, Canada and Mexico.
Saudi Riyal exchange rate against Pakistani rupee in open market stood at Rs74.45. The selling rate of the Riyal also moved as it is being sold by various exchange companies for Rs75 on the third day of new business week.
Earlier, Pakistan and Saudi Arabia signed an agreement for deferred payment for oil import worth $1.2 billion for one year.
Prime Minister Muhammad Shehbaz Sharif and Chief Executive Officer of Saudi Fund for Development (SFD) Sultan Abdulrahman Al-Marshad witnessed the signing of agreement.
