Gold Market Report
Saudi Arabia Gold Market Report
Independently researched coverage of the Saudi Arabia gold market, last verified Sep 1, 2026. 24K gold is currently SAR 524.37 per gram.
See the live gold price page for Saudi Arabia →Research coverage
4 of 4 research sections published for Saudi Arabia.
- About this market
- Market notes
- Buying guide
- Tax & duty notes
Gold Price by Purity
Live prices in SAR.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | SAR 524.37 | SAR 16,309.74 | SAR 6,116.15 | SAR 524,370.47 |
| 22 karat (916.7) | SAR 480.74 | SAR 14,952.64 | SAR 5,607.24 | SAR 480,738.48 |
| 21 karat (875) | SAR 458.87 | SAR 14,272.45 | SAR 5,352.17 | SAR 458,870.04 |
| 18 karat (750) | SAR 393.32 | SAR 12,233.53 | SAR 4,587.57 | SAR 393,317.18 |
| 14 karat (583.3) | SAR 305.90 | SAR 9,514.43 | SAR 3,567.91 | SAR 305,895.88 |
| 10 karat (416.7) | SAR 218.53 | SAR 6,796.95 | SAR 2,548.86 | SAR 218,527.03 |
Trend
Last 3 months
Per gram · SAR
- Change
- +6.59%
- Low
- SAR 486.29
- High
- SAR 564.25
Historical data is presented from the site's retained market samples and daily rollups.
View full history →About the Saudi Arabia gold market
KmalServico presents Saudi gold prices in Saudi riyals (SAR), with gram as the configured primary unit. The page separates the international gold benchmark from the local-currency value, which is important when comparing a live reference price with a physical jewellery quotation.
Read the full section on the live price page →Market notes
Start with purity and weight before comparing two Saudi quotations. KmalServico’s gram-based table lets you compare supported purities on the same weight basis. A jewellery quotation should not be treated as identical to the spot-derived metal value because the finished item may include additional commercial charges.
Read the full section on the live price page →Buying gold in Saudi Arabia
The World Gold Council’s Q2 2026 jewellery report says Saudi jewellery demand was supported by Hajj-related tourism, wedding demand and Eid-related buying. That gives the Saudi page a different seasonal context from markets where festivals or harvest cycles are the main reported drivers.
Read the full section on the live price page →Tax & duty notes
Jewellery and its making charges are taxed at Saudi Arabia's standard 15% VAT rate, though investment-grade gold of 99% purity or higher can qualify for a 0% VAT rate under specific conditions rather than the standard rate.
Read the full section on the live price page →Sources
What the Saudi Arabia research is based on
Each claim below traces to a specific, checkable source rather than a general reference.
- Saudi Gazette — ZATCA: VAT applicable to gold if its purity level is below 99%
Supports: 15% VAT on gold jewellery, zero-rating for 99%+ purity tradeable gold, and the 85-gram zakat nisab at 2.5%
Checked Sep 1, 2026
Related markets
More gold markets in Middle East
Saudi Arabia's immediate sub-region doesn't list enough markets on its own, so this also includes other Middle East countries.
Learn
Guides relevant to this gold market
- education
How Gold Prices Work
Gold prices are set globally in USD per troy ounce and translated into every local market using exchange rates and purity.
- purity
24K vs 22K Gold: What's the Difference?
24K is nearly pure gold. 22K is 91.6% gold mixed with other metals for durability. Learn which suits investment vs. jewelry.
- purity
Gold Hallmarks Explained
What 999, 916, 875, 750 and 585 stamps actually mean.
- weight
Gold Weight Units Explained
Gram, troy ounce, tola, baht, kilogram — a complete conversion guide.
- buying
How to Buy Gold Safely
A step-by-step buyer's guide covering dealers, hallmarks, receipts and storage.
- investment
Gold Investment Basics
Bars, coins, ETFs, jewelry — how to start investing in gold.
Explore further
Gold terminology for this report
Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from xaus.com + gold-api.com, with automatic failover between providers.
- The spot rate is converted into the local currency using live exchange rates from exchangerate-api.com, then scaled by purity (24K, 22K, 18K…) and by weight (gram, tola, ounce, kilogram, baht).
- The result is the pure spot value. Retail counters may add dealer premium, tax and making charges — the number here is the underlying benchmark.