Silver Rates in
Saudi Arabia Today
Market silver prices per gram in Saudi Riyal (SAR). Updated hourly. Excludes retailer margins, making charges, and VAT.
| Weight | 999 | 958 | 925 | 800 |
|---|---|---|---|---|
| 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 |
| Date | 999 | 958 | 925 | 800 |
|---|---|---|---|---|
| 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
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
| Feature | Silver | Gold |
|---|---|---|
| Entry Price | Much lower – accessible to all budgets | Higher price per gram |
| Common Use | Jewelry, silverware, industrial, investment | Jewelry, investment |
| VAT (Investment Grade) | 0% (999 bullion) | 0% (24K bullion) |
| VAT (Jewelry) | 15% | 15% |
| Industrial Demand | High (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.
