Gold Price Today in Saudi Arabia
Today's Gold Prices in Saudi Arabia - All Karats Live
The following are raw gram prices for the gold price in Saudi Arabia (before making charges), showing the sell price (what you pay when buying) and the buy price (what you get when selling to a shop).
| Karat | Buy Price | Sell Price | Daily Change |
|---|---|---|---|
| 24k | 525.99 SAR | 532.29 SAR | — |
| 22k | 482.16 SAR | 487.93 SAR | — |
| 21k | 460.25 SAR | 465.75 SAR | — |
| 18k | 394.50 SAR | 399.22 SAR | — |
| Ounce | 16,360.13 SAR | 16,556.08 SAR | — |
Last updated: 05:00 - 13 September 2026
Gold Performance in Saudi Arabia Over Last Year
Gap Between Gold Price in Saudi Arabia and the Global Price
The table below shows the difference between the displayed local price and the raw global spot price for the same quantity in USD. This is a different indicator from the shop-level "buy/sell spread," since it compares the local price to the pure global price rather than yesterday's price.
| Karat | Local Price | Global Equivalent | Difference |
|---|---|---|---|
| 24k | 532.29 SAR | 524.42 SAR | +7.87 SAR |
| 22k | 487.93 SAR | 480.72 SAR | +7.21 SAR |
| 21k | 465.75 SAR | 458.87 SAR | +6.88 SAR |
| 18k | 399.22 SAR | 393.32 SAR | +5.90 SAR |
Popular Bullion Bars in Saudi Arabia
| Bar | Weight (g) | Price |
|---|---|---|
| 1g Bar | 1 | 542.94 SAR |
| 5g Bar | 5 | 2,701.37 SAR |
| 10g Bar | 10 | 5,386.77 SAR |
| 50g Bar | 50 | 26,880.65 SAR |
Gold Performance in Saudi Arabia - Long Term
Gold Price Performance in Saudi Arabia (% Annual Change)
| Year | Annual Change |
|---|---|
| 2026 | -5.4% |
| 2025 | +62.7% |
| 2024 | +30.7% |
| 2023 | +12.7% |
| 2022 | +0.4% |
| 2021 | -3.7% |
| 2020 | +25.6% |
| 2019 | +18.3% |
| 2018 | -1.1% |
| 2017 | +9.2% |
| 2016 | — |
Terms Worth Knowing Before You Buy Gold
- What is a troy ounce?
- The troy ounce is the standard global unit used in gold trading on every exchange worldwide, and it equals exactly 31.1035 grams.
- What is the difference between buy and sell price?
- The sell price is what you pay when acquiring gold from a shop, while the buy price is what you receive when selling your jewelry back to the same shop, with the gap representing the dealer's margin.
- What does the karat number mean?
- The karat number indicates the proportion of pure gold in a piece out of 24 parts, so 21k means 21 parts pure gold out of 24, or 87.5% purity.
Market Analysis
The Saudi market shows relative pricing stability compared to other regional markets, largely because the Riyal has maintained a near-fixed exchange rate against the US Dollar for decades, making local price movements an almost direct reflection of the global gold price alone.
22k gold holds the top position in demand across the Kingdom's traditional gold markets, such as Jeddah's Gold Souk and Al Zal Souk in Riyadh, reflecting a deeply rooted cultural preference for this level of purity.
Gold sales in Saudi Arabia are subject to a 15% Value Added Tax, applied primarily to making charges and service fees, while high-purity investment-grade gold may receive different tax treatment under current regulations.
Religious occasions and the Hajj and Umrah seasons traditionally mark peak demand periods for gold in the Saudi market, which can temporarily influence the local market premium without altering the underlying global price.
Frequently Asked Questions
Is the Saudi Riyal pegged to the US Dollar?
Yes, the Saudi Riyal has operated under a near-fixed exchange rate against the US Dollar for many years, which explains why local gold movements closely track the global price.
What is the most popular gold karat in Saudi Arabia?
22k is traditionally the most requested karat in Saudi gold markets, followed by 21k, while 24k is typically purchased for savings and investment purposes.
Is VAT included in the displayed gram price?
No, the prices shown represent the raw metal value; VAT and making charges are added separately at the point of purchase from a retailer.