Gold Spot Price (gold/SAR)
SAR 16,784.46
per troy ounce
Gold & Silver
1 oz
SAR 16,784.46
1 gr
SAR 539.63
1 kg
SAR 539,632.40
Prev Close
SAR 16,829.83
Open
SAR 16,784.46
Day High
SAR 16,932.92
Day Low
SAR 16,590.86
1 oz
SAR 277.20
1 gr
SAR 8.91
1 kg
SAR 8,912.18
Prev Close
SAR 281.72
Open
SAR 277.20
Day High
SAR 281.53
Day Low
SAR 271.72
Current Situation
Gold prices rose nearly 1% on June 4 after an Israel-Lebanon ceasefire deal eased Middle East tensions, though gains remain limited by expectations of higher U.S. interest rates.
Key Drivers
- The ceasefire reduced immediate geopolitical risk, supporting a modest recovery in gold.
- Bets on U.S. rate hikes, fueled by strong jobs data and energy inflation, continue to weigh on prices.
- A stronger dollar and shifting oil prices are adding further downward pressure.
Short-Term Outlook (1-7 days)
Near-term sentiment stays bearish, with prices holding below the 21-day moving average and facing resistance around $4,480–$4,485. Direction will likely hinge on the upcoming U.S. jobs report.
Long-Term Outlook (1-3 months)
Broader trends remain mixed. Persistent rate-hike expectations and a firm dollar could cap gains, while any renewed geopolitical flare-ups may provide support.
What to Watch
- U.S. employment data and its impact on Federal Reserve policy expectations.
- Developments in Iran-related tensions and any risks to oil transit through the Strait of Hormuz.
Current price: SAR 16,784.46/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | SAR 16,784.46 | -SAR 45.37 | -0.27% | |
| 1 Week | SAR 16,853.29 | -SAR 68.83 | -0.41% | |
| 1 Month | SAR 16,948.72 | -SAR 164.27 | -0.97% | |
| 3 Months | SAR 19,366.93 | -SAR 2,582.47 | -13.33% | |
| 6 Months | SAR 15,911.25 | +SAR 873.21 | +5.49% | |
| 1 Year | SAR 12,747.00 | +SAR 4,037.46 | +31.67% | |
| Since 2026 | SAR 16,355.81 | +SAR 428.64 | +2.62% | |
| Since 2025 | SAR 10,008.75 | +SAR 6,775.71 | +67.70% | |
| Since 2024 | SAR 7,775.25 | +SAR 9,009.21 | +115.87% | |
| Since 2023 | SAR 6,922.87 | +SAR 9,861.58 | +142.45% | |
| Since 2022 | SAR 6,750.37 | +SAR 10,034.08 | +148.64% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | SAR 16,784.46 | SAR 16,829.83 | SAR 16,932.92 | SAR 16,590.86 | Today -45.37 (-0.27%) |
Silver (XAG) | SAR 277.20 | SAR 281.72 | SAR 281.53 | SAR 271.72 | Today -4.52 (-1.60%) |