On Monday, gold prices in Saudi Arabia increased. According to data from FXStreet, the price rose to 521.91 Saudi Riyals (SAR) per gram, up from SAR 518.67 on Friday. The price per tola also went up to SAR 6,087.57, compared to SAR 6,049.62 before. FXStreet evaluates gold prices using global rates converted to Saudi currency. Prices are updated daily based on market changes, but local prices may differ slightly.

Gold as a Safe Haven Asset

Gold is known as a reliable store of value and a safe-haven asset. People often turn to gold as a way to protect against inflation and currency devaluation since it is not tied to specific governments or issuers. Central banks hold the most gold. They buy it to stabilize currencies during challenging times. In 2022, these banks added 1,136 tonnes of gold, worth around $70 billion, to their reserves, marking the highest annual purchase ever recorded. Gold prices tend to go up when the US Dollar weakens, especially during times of geopolitical instability. They also rise when interest rates are low. In contrast, a strong dollar and higher interest rates usually push gold prices down. Today, December 15, 2025, gold prices are up to 521.91 Saudi Riyals per gram. This increase highlights gold’s role as a safe-haven asset during uncertain economic times. It reflects a larger trend that we need to keep an eye on.

Strategic Considerations for Traders

The relationship between gold and the US Dollar is key right now. Following the aggressive interest rate hikes in 2023 and 2024 aimed at fighting inflation, the market is now looking forward to potential rate cuts from the US Federal Reserve. A weaker dollar, which often follows these cuts, could boost gold prices. We should also take note of the strong and ongoing demand from central banks, which helps support prices. In 2022, we saw record gold purchases, and this trend continued into 2023 and 2024 as emerging economies diversified their reserves. This consistent accumulation of gold by central banks provides long-term support for gold. Geopolitical risks and fears of an economic slowdown still loom. The global economy shows signs of weakness following the recent inflation period. In November 2025, the OECD even lowered its global growth forecast for 2026. Any unexpected negative economic news could lead to a rush for safety, benefiting gold. For those trading derivatives, this situation suggests that focusing on strategies to capture rising prices is wise. We expect increased volatility, making call options on gold an appealing way to gain from price spikes due to falling interest rates. Using futures contracts to protect against a broader market downturn is also a smart approach. Create your live VT Markets account and start trading now.

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