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A startling 543.75 Saudi Riyal per gram for 24-karat gold - this is the unprecedented figure recorded in Saudi Arabian markets today, Saturday, January 10, 2026. It marks the first time the 540 Riyal threshold has been breached, amidst a global surge in precious metal prices.
Trading sessions on January 10, 2026, witnessed extraordinary jumps across all karats.The price of an ounce reached a record high of 16,911.75 Saudi Riyal (approximately $4,509.79 USD), while the gold pound stabilized at 3,806 Riyal. As a seasoned market observer, I’ve rarely seen such rapid and substantial increases in such a short timeframe.