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Compare services →Gold Price by Karat in Saudi Arabia (SAR)
ر.س497.9
ر.س456.41
ر.س373.42
ر.س290.44
| Karat | Purity | Per Gram | Per Tola | Per Ounce |
|---|---|---|---|---|
| 24K | 100.0% | ر.س497.9 | ر.س5,807.32 | ر.س15,486.38 |
| 22K | 91.7% | ر.س456.41 | ر.س5,323.37 | ر.س14,195.84 |
| 21K | 87.5% | ر.س435.66 | ر.س5,081.4 | ر.س13,550.58 |
| 18K | 75.0% | ر.س373.42 | ر.س4,355.49 | ر.س11,614.78 |
| 14K | 58.3% | ر.س290.44 | ر.س3,387.6 | ر.س9,033.72 |
| 10K | 41.7% | ر.س207.46 | ر.س2,419.72 | ر.س6,452.66 |
Prices are calculated from the international spot price and may not reflect local market premiums, taxes, or crafting fees.
How the gold market works in Saudi Arabia
Saudi retail gold is priced per gram by karat — 24K, 22K, 21K and 18K — and 21K is the most popular choice for Gulf-style jewellery. The riyal is pegged at 3.75 to the US dollar, so local prices follow world spot directly.
Since July 2020 gold jewellery has carried 15% VAT, which is added to both the metal and the making charge. Investment gold of 99% purity or higher is zero-rated, so bars and coins avoid the tax.
Gold markets in Riyadh, Jeddah, Mecca and Medina are busiest before Ramadan, at Eid, during Hajj and Umrah season, and at weddings. Pilgrims are a large part of demand in the holy cities.
- Reference price
- Published retail karat rates per gram
- Units
- Grams
- Common purities
- 21K jewellery is standard; 22K, 18K; 24K bars
- Taxes & costs
- 15% VAT on jewellery; investment gold zero-rated
Last reviewed October 1, 2026. How we source prices
| Contract | Last | Change |
|---|---|---|
| Gold Oct 2026 | $4,134.80 | $38.10 0.91% |
| Gold Oct 2026 | $4,134.80 | $38.10 0.91% |
| Gold Dec 2026 | $4,159.50 | $2.80 0.07% |
| Gold Feb 2027 | $4,191.90 | $5.10 0.12% |
Price Statistics
Close
$4,129.70
ر.س15,486.38
Price Performance
Price History — Last 30 Days
| Date | Price | Change | % |
|---|---|---|---|
| Sep 06 | $4,429.90 | +$0.00 | 0.00% |
| Sep 07 | $4,425.40 | +$0.00 | 0.00% |
| Sep 08 | $4,359.60 | +$0.00 | 0.00% |
| Sep 09 | $4,394.90 | +$0.00 | 0.00% |
| Sep 10 | $4,317.30 | +$0.00 | 0.00% |
| Sep 11 | $4,349.70 | +$0.00 | 0.00% |
| Sep 12 | $4,349.70 | +$0.00 | 0.00% |
| Sep 13 | $4,339.40 | +$0.00 | 0.00% |
| Sep 14 | $4,290.60 | +$0.00 | 0.00% |
| Sep 15 | $4,285.60 | +$0.00 | 0.00% |
1 USD = 3.75 SAR
Gold in Other Currencies
Based on USD spot price and exchange rate.
Price Records
All-Time High
$5,318.40
Jan 29, 2026
$5,318.40
$3,946.30
-12.4%
Gold Converter
Result
31.1035 Grams
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