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Live Market Rates · Saudi Arabia

Gold Rates in
Saudi Arabia Today

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

24 Karat · Pure Gold
SAR 563.86
per gram
22 Karat
SAR 516.87
per gram
21 Karat
SAR 493.37
per gram
18 Karat
SAR 422.89
per gram
Today's Gold Price · KSA
Updated: 03 Apr 2026, 3:13 AM
24 Karat · 999
SAR 563.86
per gram
22 Karat · 916
SAR 516.87
per gram
21 Karat · 875
SAR 493.37
per gram
18 Karat · 750
SAR 422.89
per gram
1 Pavan · 22K
SAR 4,134.94
8 grams
1 Tola · 24K
SAR 6,576.81
11.664 grams
1 Ounce · 24K
SAR 17,538
31.1035 grams
Gold Price by Weight
SAR · All Karats
🥇 All Karats · All Weights · Saudi Arabia SAR · Market Rate
Weight24K22K21K18K
1 Gram 563.86 516.87 493.37 422.89
2 Grams 1,127.71 1,033.74 986.75 845.78
5 Grams 2,819.28 2,584.34 2,466.87 2,114.46
8 Grams (1 Pavan) 4,510.84 4,134.94 3,946.99 3,383.13
10 Grams 5,638.55 5,168.68 4,933.74 4,228.92
1 Tola (11.66g) 6,576.81 6,028.74 5,754.71 4,932.61
20 Grams 11,277.11 10,337.35 9,867.47 8,457.83
50 Grams 28,192.77 25,843.38 24,668.68 21,144.58
100 Grams 56,385.55 51,686.75 49,337.35 42,289.16
1 Ounce (31.1g) 17,537.88 16,076.39 15,345.64 13,153.41
Gold Price Chart · KSA
SAR per gram · 36 days
📈 24K Gold — Daily Price History

Previous Days Rates
24K · SAR per gram
📅 Historical Rates · Saudi Arabia SAR/gram
Date24K22K21K18K
03 Apr 2026 563.85 516.86 493.37 422.88
02 Apr 2026 575.44 527.49 503.51 431.58
01 Apr 2026 565.50 518.37 494.81 424.12
31 Mar 2026 543.84 498.52 475.86 407.88
30 Mar 2026 542.67 497.45 474.84 407.00
29 Mar 2026 541.79 496.64 474.07 406.34
28 Mar 2026 541.81 496.66 474.08 406.36
27 Mar 2026 532.01 487.68 465.51 399.01
26 Mar 2026 545.86 500.37 477.63 409.40
25 Mar 2026 538.69 493.80 471.35 404.02
24 Mar 2026 531.34 487.06 464.92 398.50
23 Mar 2026 543.60 498.30 475.65 407.70
22 Mar 2026 541.73 496.58 474.01 406.29
21 Mar 2026 541.65 496.51 473.94 406.23
20 Mar 2026 560.90 514.16 490.79 420.67
19 Mar 2026 581.90 533.41 509.17 436.43
18 Mar 2026 602.74 552.51 527.40 452.06
17 Mar 2026 603.05 552.80 527.67 452.29
16 Mar 2026 604.12 553.78 528.60 453.09
15 Mar 2026 605.18 554.75 529.53 453.88
14 Mar 2026 605.13 554.70 529.49 453.85
13 Mar 2026 613.62 562.48 536.92 460.21
12 Mar 2026 622.03 570.20 544.28 466.52
11 Mar 2026 626.12 573.94 547.86 469.59
10 Mar 2026 619.19 567.59 541.79 464.39
09 Mar 2026 617.75 566.27 540.53 463.31
07 Mar 2026 624.09 572.09 546.08 468.07
06 Mar 2026 613.25 562.15 536.59 459.94
05 Mar 2026 623.33 571.38 545.41 467.69
04 Mar 2026 618.19 566.67 540.91 463.64

Gold Rate Today in Riyadh, Jeddah & Dammam

Saudi Arabia's gold market is driven by a single source: the international spot price in USD, converted to SAR at the fixed peg of 1 USD = 3.75 SAR. Because of this, the base gold rate is essentially the same across Riyadh, Jeddah, Dammam, and other cities. Minor variations of SAR 0.5–1 per gram can occur between cities due to local demand, competition, and how quickly different retailers update their prices — but these are small relative to the total price.

The rates shown on this page reflect the international market rate and apply broadly across KSA. The much larger differences you see between shops — sometimes tens of riyals per gram — come from making charges, retailer margins, VAT, and jewellery design complexity, not city-level price variation.

Making Charges in Saudi Arabia

Making charges (also called fabrication or labour charges) are added on top of the market gold price when buying jewellery. They are not included in the rates shown on this page. Indicative ranges per gram:

Jewellery Type22K (SAR/g approx.)21K (SAR/g approx.)18K (SAR/g approx.)
Plain / simple3 – 83 – 85 – 12
Traditional / handmade8 – 208 – 2012 – 30
Designer / branded20 – 50+20 – 50+30 – 80+

Making charge ranges are indicative based on common retail practice in KSA. Actual charges vary by retailer and design. Always confirm before purchase. These figures do not include the 15% VAT applicable on jewellery.

Understanding Gold in Saudi Arabia

🏅
24K — Pure Gold
99.9% purity. Used for investment bars and coins. VAT-exempt when sold as bullion.
💍
22K — Traditional Jewelry
91.7% purity. Most common in Saudi and South Asian traditional jewelry. 15% VAT applies.
💎
21K — Saudi Favourite
87.5% purity. Widely used for rings and bracelets across Saudi Arabia. 15% VAT applies.
✨
18K — Modern Designs
75% purity. Preferred for designer and modern jewelry due to durability. 15% VAT applies.

VAT on Gold in Saudi Arabia

  • 24K investment gold is VAT-exempt when sold as bullion or investment-grade gold.
  • 22K, 21K, and 18K gold jewelry is subject to 15% VAT at the point of purchase.
  • VAT is not included in market gold prices shown on this page.

Important Buying Tips

  • Always confirm making charges before purchase
  • Ask about VAT applicability for your specific purchase
  • Check the retailer's buyback or exchange policy
  • Request weight and purity certification
  • Compare prices from multiple retailers for fair pricing
  • Keep your detailed receipt for future resale or exchange

Best Places to Buy Gold in Saudi Arabia

Riyadh

The Al-Thumairi Gold Market in old Riyadh (Ad Deerah) has hundreds of shops with competitive prices and room for negotiation on large purchases. Major malls like Al Nakheel Mall, Riyadh Park, and Al Faisaliah Center also have reputable retailers.

Jeddah & Mecca

Jeddah's Al-Balad area has a long tradition of gold trading with styles popular among South Asian and Arab buyers. Near Mecca, the Al-Qaisariyah Market is frequently visited by pilgrims and residents alike.

Dammam & Eastern Province

The Al-Rashid Mall area and Al-Khobar Corniche have several reputable gold retailers catering to local and expat buyers from the oil and energy sector.

Factors Affecting Gold Prices in KSA

Global Gold Market Prices: Gold prices in Saudi Arabia closely follow international market prices. Since gold is traded globally in US dollars, local prices mainly reflect movements in the global gold market.

US Dollar Strength: Gold is priced worldwide in US dollars. When the US dollar weakens, gold often becomes cheaper for international buyers, increasing demand and pushing prices higher.

Inflation and Economic Uncertainty: Gold is widely considered a safe-haven asset. During periods of high inflation, economic instability, or geopolitical tensions, investors tend to buy gold, increasing its price.

Central Bank Policies: Interest rates and monetary policies from major central banks, especially the US Federal Reserve, strongly influence gold prices. Lower interest rates often make gold more attractive compared to interest-bearing assets.

Currency Stability in Saudi Arabia: The Saudi Riyal is pegged to the US dollar. Because of this stable exchange rate, gold price changes in Saudi Arabia are mainly driven by international gold prices rather than currency fluctuations.

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Frequently Asked Questions
Is there VAT on 24K gold in Saudi Arabia? +
Investment-grade gold (24K bars or coins with purity of 99% or higher) is generally VAT-exempt in Saudi Arabia. However, 24K jewellery may still be subject to 15% VAT and making charges.
Do 22K and 18K gold prices include VAT? +
No. The market prices shown on this page do not include VAT. Jewellery made from 22K, 21K, or 18K gold usually has 15% VAT added at the time of purchase, along with making charges.
Why do gold prices differ between shops? +
Retail gold prices vary because of making charges, brand or retailer margins, jewellery design complexity, VAT, and location of the shop.
Are these market gold prices? +
Yes. These prices reflect prevailing market gold rates in Saudi Arabia. Final retail prices may vary by jeweller.
How often are gold prices updated? +
Gold prices are updated automatically every hour from live international market data.
Is the gold rate the same in Riyadh, Jeddah, and Dammam? +
The base gold rate is essentially the same across Saudi cities, since it is derived from the international spot price converted at the fixed SAR/USD peg. Minor variations of SAR 0.5–1 per gram can occur between cities due to local demand and how quickly retailers update their prices. The much larger differences between shops — often tens of riyals per gram — come from making charges, VAT, and retailer margins.
How is the 22K gold price calculated? +
The 22K price per gram is the 24K price multiplied by 22/24 (0.9167), since 22K gold is 91.67% pure. The 24K base rate comes from the international spot price in USD, converted to SAR at the fixed exchange rate of 1 USD = 3.75 SAR.
Disclaimer: The gold prices shown on this page represent market gold rates for informational purposes only. Retail jewellery prices may vary due to making charges, VAT, and jeweller margins. KSA Expats does not sell gold and is not responsible for price differences at retail outlets.
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