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The Saudi Geological Survey, represented by the Center for Survey and Exploration for Minerals, announced the project of the origination of mineral deposits in the Kingdom, discovering new sites for gold and copper ore. The discoveries were represented in the presence of gold ore within the borders of Aba…
Saudi Arabia’s overall mining reserves are believed to be worth around 1.3 trillion dollars, with a massive underground gold deposit of 7,323 tonnes and investments of 7 billion riyals (1.8 billion dollars). According to (SPA) report, gold production has achieved successive leaps since the launch of the “Kingdom’s Vision 2030”…
Gold prices fell in Saudi Arabia, at the beginning of trading today, Saturday, July 24, 2021, despite the stability of the precious metal prices globally. A gram of 24 gold in Saudi Arabia decreased to 217.26 riyals ($ 57.94) compared to 217.63 riyals ($ 58.02) Thursday. The price of a…
By Marwa Mahmoud UBS Swiss investment bank advised investors around the world to buy gold at that time, with expectations of a new wave of market volatility, against the backdrop of the uncertainty in global markets due to the Corona pandemic. In addition to the ambiguity of US election scene,…
