Does anyone know what is the current price of Gold Biscuit in Saudi Arabia? Thanx..
Re: Price of Gold Biscuit..
Well the prices are presently anything between SR 105 to SR 130 per gram of 24karrat gold.
Not sure what you mean by biscuit? Is that the equivalent of the Desi tollah or something?
Waissay as a man i have not interest in Gold but i have to buy it sometimes for my Sisters and Mother… and especailly the Mrs… warna ghar mein jang hojaygee.. 
Re: Price of Gold Biscuit..
^:cb:
Re: Price of Gold Biscuit..
gold biscuit is a round coin of gold they have various weights i suggest u ask ur local jeweller they will advise u better
Re: Price of Gold Biscuit..
Uff why cant we all work to a single unit of measurement… 
I thought it was hard working in metric v imperial but now we have biscuits and tollahs to contend with too… never mind we all like a challenge some times.
Re: Price of Gold Biscuit..
A standard gold biscuit is a one ounce gold bullion bar that has been stamped/coined.
Since it is 24 karat gold it follows the Gold Index - and it's cost in different countries depends on the strength of the currency with respect to the global exchange rates.
So currently gold is valued at around 1341 USD (11/10/2010) - this needs to be converted via the exchange rate of USD to SAR to get the value.
There are about 3.75 riyals in a dollar. So the value of 1 ounce bullion should be around 5030 SAR. Pure gold should be of the same value around the whole world.