The rates of Arab and foreign currencies in Saudi Arabia recorded today, Wednesday 10-2-2021, a variation against the Saudi riyal, to settle 1 US dollar at 3.75 Saudi riyals and 1 Saudi riyal 0.27 US dollars, while the price of the euro varied, to record 1 euro about 4.54 Saudi riyals against its price yesterday It was 4.54 pounds, and 1 Saudi riyal was about 0.22 euros.
The rival virtual currency, Ethereum, which usually moves in conjunction with Bitcoin, hit a record high of $ 1,826 today before trading up 1.1% to $ 1,791.
"The economic outlook for the year, according to market consensus, looks positive," said Michael McCarthy, chief strategist at CMC Markets in Sydney, referring to the weakening dollar.
"Sentiment and Positions are the two main drivers of the market at present."
The currency rates today in the Kingdom of Saudi Arabia are as follows:
United States dollar (USD)
1 US dollar = 3.75 Saudi riyals.
1 Saudi riyal = 0.27 US dollars.
Euro (EUR)
1 euro = 4.54 Saudi riyals, compared to its price yesterday of 4.54 pounds.
1 Saudi riyal = 0.22 euros.
Japanese Yen (JPY)
1 Japanese yen = 0.04 Saudi riyals.
1 Saudi riyal = 27.92 Japanese yen, compared to yesterday's price of 27.90 pounds.
Egyptian Pound (EGP)
1 Egyptian pound = 0.24 Saudi riyals.
1 Saudi riyal = 4.16 Egyptian pounds.
United Arab Emirates dirham (AED)
1 United Arab Emirates dirham = 1.02 Saudi riyals.
1 Saudi riyal = 0.98 United Arab Emirates dirham.
Gold prices stabilized in Saudi Arabia today, as the price of 24 carat gold in the Kingdom of Saudi Arabia was fixed at 222.46 Saudi riyals, as it was yesterday.
Global gold also rose today, Wednesday, hovering near the peak of a week that it reached in the previous session, as the attractiveness of the yellow metal increased as a hedge against inflation after the dollar fell and hopes for an American stimulus package increased.
Gold rose in spot trading 0.3% to $ 1842.90 an ounce, and prices reached their highest levels since February 2 to $ 1848.40 yesterday, and US gold futures won 0.4% to $ 1845.30.
The gold prices today in the financial markets in Saudi Arabia came in Saudi riyals as follows:
The price of gold is 24 carat
At about 222.46 riyals, equivalent to $ 59.15
The price of gold is 22 carat
At about 203.38 riyals, equivalent to $ 54.22
The price of gold is 21 carat
About 194.14 riyals, equivalent to $ 51.76
The price of 18 carat gold
At about 166.41 riyals, equivalent to $ 44.36
The price of gold is 14 carat
About 129.43 riyals, equivalent to $ 34.51
The price of gold is 12 carat
About 110.94 riyals, equivalent to $ 29.58
The price of an ounce of gold
About 6,900 riyals, equivalent to $ 1,840
The price of the gold pound
About 1,553 riyals, equivalent to $ 414.07
The price of a kilo of gold
About 221,870 riyals, equivalent to $ 59,151
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