LAHORE – The price of per tola 24-karat gold in Saudi Arabia on Monday (March 17) reached historic high with latest rate standing at 4,196 SAR, according to forex.pk.
Furthermore, the 10 grams of 24-k gold is being sold for SAR 3,601 in the kingdom while the per ounce gold price stands at SAR 11,201.
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 17, 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 Rs74.31. The selling rate of the Riyal also remained unchanged at Rs75.11 on the first 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.
