In a surprising development, the price of gold per ounce surged close to 3,600 USD during 2025, driven by the decline of the U.S. dollar and growing concerns over the Federal Reserve's monetary policy.

This remarkable rally was not limited to the global market but was directly reflected in rising gold prices in Saudi Arabia and the Gulf, making the yellow metal the first destination for investors seeking safety amid global economic uncertainty.

In this Gold.sa report, we analyze in detail the rise in gold prices with dollar weakness, how it affected investor decisions in the Saudi and Gulf markets, and provide practical tips to help you invest wisely and safely in gold during the coming phase.

Rising Gold Prices with Dollar Weakness and Its Impact on the Saudi Market

Global markets witnessed a decline in the U.S. dollar at the start of 2025, which directly impacted gold prices worldwide. The price of a gold ounce in April 2025 reached nearly 3,500 USD and continued rising until it touched 3,600 USD on September 10, 2025. The inverse relationship between the dollar and gold makes the weakness of the U.S. currency a key factor in boosting the appeal of gold as a safe-haven asset, especially amid economic uncertainty and rising inflation in major economies.

This dollar decline was accompanied by strong expectations that the Federal Reserve would move to cut interest rates in the coming period, further fueling gold’s global rally. As a natural result, gram and ounce prices in Saudi Arabia reached new record levels, with 24K gold hitting 440 SAR per gram on September 11, 2025, strengthening gold’s position as an attractive investment option for capital protection.

Gold Prices in Saudi Arabia (September 11, 2025)

Karat	Price (SAR)	Price (USD)
24K