Gold prices decreased by 40 fils per gram on Saturday. The price of 21-karat gold reached 95.80 dinars.

Gold prices in local markets witnessed a decline on Saturday, amid continuous monitoring by traders in the jewelry market of buying and selling activity, while the yellow metal still leads attention as a safe investment option and continues to dominate the scene.

According to the daily pricing issued by the General Syndicate of Jewelry Shops and Traders, the price of gold per gram decreased by 40 fils, in a movement described as a limited correction within the daily market trend.

The selling price of 21-karat gold, the most in demand in the local jewelry market, recorded about 95.80 dinars for sales from jewelry shops, compared to 91.40 dinars for purchase, with continued demand as it remains the most widely traded karat among citizens.

As for other karats, the price of 24-karat gold reached about 110 dinars per gram, while 18-karat gold reached 85 dinars, amid varying buying and selling activity influenced by fluctuations in global markets.

Despite this decline, observers confirm that gold continues to dominate the scene as a safe investment option, amid ongoing volatility in global markets, keeping it in focus for traders and savers.