(celebration after Hajj and the wedding season. I have read that you can find bullion in a number of money exchanges, which is similar to Qatar, like. Saudi Arabia has an lbma approved gold mint since July 2010, LAzurde, but unfortunately the company only deals in gold jewellery and not bullion. Saudi Gold is an exclusive bullion dealership with 10gm, 1oz, 50gm, and 100 grams gold bars, TT bars, 1 kilogram gold bars, and 1 kilo Emirates Gold silver bars (shop has LCD in Arabic showing the live rates). Saudi Arabia is the largest jewellery manufacturer in the Middle East, which is being done by around 10 to 15 large companies situated mostly in and around Jeddah, Riyadh and Damman and produces mainly 21 karat jewelry. 1 riyal over spot). Shopping malls in Riyadh will also have jewellery shops that will likely have gold shops that will carry small sized pamp gold bars. Malabar Gold, Damas, and, joy Alukkas. You should also check in the official yellow pages for gold and silver shops near you. Other Riyadh gold souks include the Deira gold souk (also called Souq al-Thumairi) located near the junction of King Faisal and Tariq bin Zayid streets in Al Dirah district map, Tayeba souk (also called Kuwaiti market) located along Olaya Street in the King Fahd district. Another silver coin that is widely available in the Maria Theresa Thaler (MTT) central european 28 gram 22 karat silver bullion coin that is currently selling for 140 riyals (as of Jan 2012, which is a 50 premium). Where ever you are in Saudi Arabia, you should head to the gold souks (indoor or outdoor market areas with many jewellery shops) in order to find gold and silver bullion.
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The coin is sometime referred to as the Saudi Arabian Pound or Saudi Trade Guinea. News Saudi Arabia buys.5bn of gold in two weeks rabian Money There has been an unprecedented surge in Saudi gold purchases in the past two weeks with over.5 billion being spent on the yellow metal, reported Gulf News citing local industry sources. Where to Go and What to Buy? Gold and silver mining in Saudi Arabia has been going on since the Saudi government setup. Al Romaizan Gold Jewellery Has branches in Riyadh, and Madinah. Prices will be expensive here with 100 gram bars going for an additional SAR 25 premium over spot per gram, while 50 gram bars would have a SAR 40 premium. As most of the shopkeepers are local Saudis, Arabic will be the main language of communication, though they will know basic English terms like gold, silver, karat, tola, grams, etc. Has branches in Jeddah, Makkah, Riyadh, and Khobar. In Jeddahs Industrial Estate-II and covering an area of 22,000 square meters. East Region Dammam, Khobar, Jubail The gold souk in Damman seems to be located in the Al Dawaser district near King Abdul Aziz Road map. Investment grade kingdom come deliverance schnell geld verdienen gold bars like the 116.6 gram (ten tola/TT) bars from Credit Suisse and 1 kilogram bar will also be found. Special thanks is due to Fahad for providing useful information related to Riyadh and Madinah.
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