Gold Prices Surge in Saudi Arabia

Gold prices in Saudi Arabia rose further on Thursday, July 3, 2025, continuing an upward trend driven by global market instability. As per the latest figures from Forex.pk at 10:00 a.m. local time, 24-karat gold was priced at SAR 4,693 per tola, while 10 grams of 24-karat gold stood at SAR 4,024. The price per ounce reached SAR 12,527.

This rise mirrors global patterns, as economic uncertainty and geopolitical tensions push more investors toward gold as a safe-haven asset. Analysts link the continued price climb to inflation concerns, volatile currency markets, and growing demand from both individuals and institutions seeking financial protection.

With the growing availability of gold through digital platforms, ETFs, and mobile apps, even small investors in the Gulf region have easier access to the precious metal. Experts suggest that unless global tensions ease, the current bullish momentum in gold prices is expected to persist.