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25/06/2025 00:48 AST
Gold prices plunged sharply on Tuesday as global market fluctuations and investor uncertainty triggered a downturn in the precious metals sector.
The price of gold per ounce dropped to $3,314.67, signaling a significant shift that has drawn attention from traders and analysts around the world.
In Saudi Arabia, the latest retail selling prices per gram were reported as follows:
24 Karat: SR399.64
22 Karat: SR366.33
21 Karat: SR349.68
18 Karat: SR299.73
The drop in gold prices reflects ongoing global economic instability and shifting investor sentiment, prompting many to reevaluate their strategies within the commodity markets.
Analysts cite concerns over inflation, central bank policies, and geopolitical tensions as contributing factors to the market volatility.
Saudi Gazette
| Ticker | Price | Volume |
|---|
| (In US Dollar) | Change | Change(%) | |
|---|---|---|---|
| Gold | 3,331 | -19.7 | -0.59 |
| Silver | 36.13 | 0.44 | 1.23 |
| Platinum | 1,170.5 | 39 | 3.45 |
| Palladium | 1,051.5 | 49 | 4.89 |
24/06/2025
China aims to increase its gold resources by 5 to 10% and its gold and silver output by more than 5% by 2027, the industry ministry said on Monday in an implementation plan for 2025 to 2027.
Asharq Al Awsat
13/06/2025
The price of gold in the Qatari market rose by 0.93 percent during the current week, reaching USD 3,339.67 per ounce, according to data issued by Qatar National Bank (QNB).
The data showed t
QNA
13/06/2025
The Dubai gold rate has shot back to its highest level of Dh381.75 for a gram of 22K as Israel's strikes on Iran's nuclear facilities roiled global commodity markets. The local price is up yesterday'
Gulfnews
02/06/2025
As the Eid Al Adha focused gold and jewellery promotions start in the UAE, shoppers can take heart in one detail - the Dubai gold price remains in the Dh365-Dh369 a gram range for 22K. Currently, the
Gulfnews
30/05/2025
Gold prices rose in volatile trading on Thursday, aided by softer jobs data, while market participants also digested a court ruling that blocked most of U.S. President Donald Trump's tariffs.
Reuters
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