The rival virtual currency, Ethereum, which usually moves in conjunction with Bitcoin, hit a record high of $ 1,826 today before trading up 1.1% to $ 1,791.
"The economic outlook for the year, according to market consensus, looks positive," said Michael McCarthy, chief strategist at CMC Markets in Sydney, referring to the weakening dollar.
"Sentiment and Positions are the two main drivers of the market at present."
The currency rates today in the Kingdom of Saudi Arabia are as follows:
United States dollar (USD) 1 US dollar = 3.75 Saudi riyals. 1 Saudi riyal = 0.27 US dollars. 1 euro = 4.54 Saudi riyals, compared to its price yesterday of 4.54 pounds. 1 Saudi riyal = 0.22 euros. Japanese Yen (JPY) 1 Japanese yen = 0.04 Saudi riyals.
The gold prices today in the financial markets in Saudi Arabia came in Saudi riyals as follows:
The price of gold is 24 carat
At about 222.46 riyals, equivalent to $ 59.15
The price of gold is 22 carat
At about 203.38 riyals, equivalent to $ 54.22
The price of gold is 21 carat
About 194.14 riyals, equivalent to $ 51.76
The price of 18 carat gold
At about 166.41 riyals, equivalent to $ 44.36
The price of gold is 14 carat
About 129.43 riyals, equivalent to $ 34.51
