HomeIqamaVisaLabor LawBankingNews & Updates
Search KSA Expats
Iqama fees 2026 Exit re-entry Family visit visa Iqama SIM check Iqama expiry check Open bank account Iqama red green
Advertisement
Live Market Rates · Saudi Arabia

Silver Rates in
Saudi Arabia Today

Market silver prices per gram in Saudi Riyal (SAR). Updated hourly. Excludes retailer margins, making charges, and VAT.

999 · Pure Silver
SAR 9.56
per gram
925 · Sterling Silver
SAR 8.84
per gram
958 · Britannia
SAR 9.16
per gram
800 · Silver
SAR 7.65
per gram
Today's Silver Price · KSA
Updated: 18 Mar 2026, 12:13 AM
958 · Britannia
SAR 9.16
per gram
925 · Sterling
SAR 8.84
per gram
800 · Silver
SAR 7.65
per gram
1 Tola · 999
SAR 111.47
11.664 grams
1 Ounce · 999
SAR 297.26
31.1035 grams
Silver Price by Weight
SAR · All Grades
🥈 All Grades · All Weights · Saudi Arabia SAR · Market Rate
Weight999958925800
1 Gram 9.56 9.16 8.84 7.65
2 Grams 19.11 18.31 17.68 15.29
5 Grams 47.78 45.78 44.20 38.23
10 Grams 95.57 91.56 88.40 76.46
1 Tola (11.66g) 111.47 106.79 103.11 89.18
20 Grams 191.14 183.11 176.80 152.91
50 Grams 477.85 457.78 442.01 382.28
100 Grams 955.70 915.56 884.02 764.56
250 Grams 2,389.25 2,288.90 2,210.05 1,911.40
500 Grams 4,778.49 4,577.80 4,420.11 3,822.80
1 Ounce (31.1g) 297.26 284.77 274.96 237.80
1 Kilogram 9,556.99 9,155.60 8,840.21 7,645.59
Previous Days Rates
999 · SAR per gram
📅 Historical Rates · Saudi Arabia SAR/gram
Date999958925800
17 Mar 2026 9.74 9.33 9.01 7.79
16 Mar 2026 9.65 9.24 8.93 7.72
15 Mar 2026 9.72 9.31 8.99 7.77
14 Mar 2026 9.72 9.31 8.99 7.77
13 Mar 2026 10.14 9.71 9.38 8.11
12 Mar 2026 10.26 9.82 9.49 8.20
11 Mar 2026 10.68 10.23 9.88 8.54
10 Mar 2026 10.51 10.07 9.72 8.41
09 Mar 2026 9.99 9.57 9.24 7.99

Understanding Silver in Saudi Arabia

🥈
999 — Pure Silver
99.9% purity. Used for silver bars, bullion coins, and investment-grade silver. VAT-exempt when sold as bullion.
🏅
958 — Britannia Silver
95.8% purity. Used in premium silverware and collector coins. Subject to 15% VAT unless sold as investment bullion.
💍
925 — Sterling Silver
92.5% purity. The most popular grade for jewelry and silverware worldwide, including in Saudi Arabia. 15% VAT applies.
🏺
800 — Traditional Silver
80% purity. Common in Middle Eastern silverware, coffee sets, and antique items found in Saudi souks. 15% VAT applies.

VAT on Silver in Saudi Arabia

  • Investment-grade silver (999 purity) sold as bullion is VAT-exempt (zero-rated) under ZATCA regulations.
  • Sterling Silver (925) jewelry and silverware are subject to 15% VAT at the point of purchase.
  • VAT is not included in market silver prices shown on this page.

Silver vs Gold: Key Differences for Buyers in KSA

🥈 vs 🥇 Silver vs Gold Comparison Saudi Arabia
FeatureSilverGold
Entry PriceMuch lower – accessible to all budgetsHigher price per gram
Common UseJewelry, silverware, industrial, investmentJewelry, investment
VAT (Investment Grade)0% (999 bullion)0% (24K bullion)
VAT (Jewelry)15%15%
Industrial DemandHigh (solar panels, electronics, medical)Low

Important Buying Tips

  • Always confirm making charges before purchase
  • Request weight and purity certification
  • Compare prices from multiple retailers for fair pricing
  • For investment silver, look for reputed brands with proper certification
  • Keep your detailed receipt for future resale or exchange

Factors Affecting Silver Prices in KSA

Global Silver Market: Silver prices in Saudi Arabia closely follow international market prices. Since silver is traded globally in US dollars and the SAR is pegged to the USD at 3.75, local price changes are driven almost entirely by international silver market movements.

Industrial Demand: Unlike gold, silver has significant industrial demand — particularly in solar panels, electronics, and medical applications. Rising industrial consumption can push silver prices higher independent of investment demand.

Gold-Silver Ratio: Silver often moves in line with gold. Investors track the gold-to-silver ratio to gauge relative value. Historically, the ratio has ranged from 40:1 to over 100:1.

Frequently Asked Questions
Is there VAT on silver in Saudi Arabia? +
Investment-grade silver (999 purity) sold as bullion bars or coins is VAT-exempt (zero-rated) in Saudi Arabia. Silver jewelry and silverware (925, 800, etc.) are subject to 15% VAT at the time of purchase.
What is the most common silver purity for jewelry? +
Sterling Silver (925) is the most widely used purity for silver jewelry in Saudi Arabia and worldwide. It offers a good balance between purity and durability.
Why is silver cheaper than gold? +
Silver is more abundant in nature than gold and has higher annual mining output. While both are precious metals, silver's larger supply keeps its price significantly lower than gold.
How often are silver prices updated? +
Silver prices are updated automatically every hour from live international market data. No manual updating is needed.
Is silver a good investment in Saudi Arabia? +
Silver can be a good addition to a diversified investment portfolio. It tends to follow gold price trends and has strong industrial demand, especially in solar energy and electronics. Investment-grade silver (999) is also VAT-exempt. However, this is not financial advice — please consult a qualified financial advisor.
What is the difference between 925 and 999 silver? +
999 silver (fine silver) is 99.9% pure and is softer, making it ideal for bars and coins. 925 sterling silver is 92.5% pure with 7.5% other metals added for hardness, making it better suited for jewelry and everyday items.
Disclaimer: The silver prices shown on this page represent market silver rates for informational purposes only. Retail prices may vary due to making charges, VAT, and retailer margins. KSA Expats does not sell silver and is not responsible for price differences at retail outlets.

Enable Notifications OK No thanks