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Despite the increase, gold prices were down around 2.3 percent, their biggest weekly drop since early December
According to experts, the Kingdom is the region's fastest-growing IT market
Rubber and plastic product exports in February fueled the rise in non-oil shipments
Gold could remain between $2,300 and $2,350 unless a fresh catalyst emerges
Gold dipped more than 2 percent in the previous session, its largest intraday decline in over a year
Currently, Saudi Arabia has 66 movie theaters with approximately 618 screens and 63,373 seats
Deal aligns with Aramco’s strategy to expand its presence in key high-value markets like China
Boosting global economic reforms and enhancing regional and global competitiveness
Bullion loses safe-haven appeal amidst reduced geopolitical risks
PIF to acquire 51 percent stake in TAWAL from stc Group
The unemployment rate among Saudis reached its lowest level of 7.7 percent in the last quarter of 2023
Market analysts referred to gold as a geopolitical trade rather than a monetary policy trade at the moment
40 percent of Spain's investments in Saudi Arabia over the past 10 years has been in the real estate sector
Gold maintains safe-haven appeal despite Federal Reserve's stance on rates
This represented a rise of 55,000 bpd or 0.61 percent compared to the previous month
Venezuela's oil exports had grown 12 percent in 2023 to 700,000 bpd after the easing of some U.S. sanctions
Investments to encompass agriculture, mining, information technology, and aviation
$2.5 trillion in mineral wealth support Saudi Arabia's diversification efforts
This robust performance reflects the sector's successful recovery from the COVID-19 pandemic
Strong dollar and rising treasury yields impact gold's appeal
Rental prices drive Saudi Arabia's annual inflation increase in March
Financial independence emerges as a key incentive for women returners in Saudi Arabia
Central bank buying and geopolitical tensions drive gold's rally near record-high
Gold prices increased to an all-time high of $2,431.29 on Friday, gaining over 14 percent this year
