Gold on track for $1,300 following removal of cap on Swiss franc

Gold prices today in Saudi Arabia Monday, 29/06/2015

Gold prices today in Saudi Arabia Monday, 29/06/2015

With the start of the trading week, the financial market, gold opened the session today morning on achieving significantly higher price gap pursues a bullish trend. Today the market has seen investors’ appetite for the yellow metal as a safe-haven metal and escape from the fear controlling them on the crisis Greece and anticipation of investment movement in the euro zone.

This has missed the day to risk appetite on the back of Greece crisis as trading saw investors sold Asian stocks and to support and invest in the yellow metal. This comes after the worsening Greek crisis and near its declaration of bankruptcy and exit from the euro zone.

On the other hand, settled for the precious metal is trading at $ 1181.20 an ounce at exactly at 03:25 GMT. This session began the day at the level of $ 1185.10 an ounce. It is worth mentioning that the yellow metal has recorded the highest rate at 1187.30 regions, while recording the lowest price in the region of 1179.40.

Now, we review with you the price of gold in Saudi Arabia on Monday for all classes in both currencies the US dollar and the Saudi riyal through detailed schedule which refers to a slight rise in gold prices in Saudi Arabia today Monday, 06.29.2015 about the prices recorded yesterday in contrast to the current situation the yellow metal globally.

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