As of August 29, 2023, the prevailing gold rate in Saudi Arabia (KSA) stands at 2315.97 SAR (Saudi Riyal) for 10 grams of 24-Karat gold. Furthermore, the current market value for one Tola of 24-Karat gold stands at SAR 2701.13.
Furthermore, the subsequent data presents the particulars of the Gold Rate in Saudi Arabia on August 29, 2023. This pertains to the pricing of the precious metal in 24-Karat and 22-Karat per Tola and 10 Grams.
The present market valuation of 10 grams of gold with a purity of 24 karats is recorded at 2315.97 Saudi Arabian Riyals (SAR), while the trading price for 10 grams of gold with a purity of 22 karats stands at 2121.20 SAR.
In the Kingdom of Saudi Arabia (KSA), the prevailing market cost for 24-Karat Gold per 1 Tola is 2701.13 SAR, while the corresponding price for 22-Karat Gold per 1 Tola is 2474.39 SAR. According to the State Bank of Pakistan (SBP), the interbank market in Pakistan was established on August 29, 2023, with an initial exchange rate of Rs. 379.67 for the British Pound against the Pakistani Rupee (GBP to PKR).
The exchange rate between GBP and PKR experiences continuous fluctuations, which are determined by the interaction of supply and demand for foreign currency in the domestic market.
| Gold Unit | Gold Rate in SAR |
|---|---|
| Gold 24K per 10 Grams | 2315.97 |
| Gold 22K per 10 Grams | 2121.20 |
| Gold 24K per Tola | 2701.13 |
| Gold 22K per Tola | 2474.39 |