Find out approximately how much it costs to buy gold today, and how much you'd get if you sell it — for any weight (1g, 5g, 10g and more) and any karat (24K/22K/21K/18K). Prices are auto-updated from the live global gold spot price and converted to SAR.
Loading live price…| Karat | Purity | Price per Gram (SAR) | Price per Tola (11.66g) |
|---|---|---|---|
| 24 Karat | 99.9% | — | — |
| 22 Karat | 91.7% | — | — |
| 21 Karat | 87.5% | — | — |
| 18 Karat | 75% | — | — |
Fetching the latest spot price…
Note: These are raw/market gold prices (without making charges). They are the "reference" prices the calculator below uses to estimate buy and sell rates.
This tool answers the question every buyer and seller asks: "If I buy or sell gold today, approximately how much money is involved?" Pick your karat and weight below — it works instantly for 5 grams or any other amount.
Spread on this weight: SAR — (buy total minus sell total). These are estimates based on the live market price — exact dealer rates vary by shop, city, whether the gold is certified, and whether it's raw gold or finished jewelry with making charges.
| Weight | Estimated Buy Price | Estimated Sell Price |
|---|---|---|
| Loading… | ||
Based on today's live 24K market price and a dealer spread of 5 SAR/gram (matches the slider in the calculator above — move it to see this table update).
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Change vs. the previous close, based on the global gold spot price.
How this is calculated: we take the international gold spot price (XAU per troy ounce in USD), convert it to SAR at the fixed 3.75 USD–SAR peg, divide by 31.1035 to get the per-gram 24K rate, then scale by each karat's purity (22K = 91.7%, 21K = 87.5%, 18K = 75%). The buy/sell calculator above then adds a typical 2-15 SAR/gram dealer premium for investment-grade bars/coins on top of this reference price. Jewelry and small bars/coins often cost more due to making charges and fixed minting costs. Local souq prices may differ from these estimates.
Gold prices in Saudi Arabia fluctuate daily based on global market trends, the US Dollar exchange rate, and local demand. The reference prices on this page are for raw gold only — when purchasing jewelry, you'll also pay making charges (maksariya) that vary by store, plus VAT on the making-charge component.
Gold dealers rarely buy and sell at the exact same price. Just like currency exchange counters, they quote two numbers: a higher price to sell you gold, and a lower price at which they'll buy it back from you. For investment-grade bars and coins in Saudi Arabia, this spread is typically small — commonly just 2 to 15 SAR per gram, often tighter (closer to 2–5 SAR/gram) on larger bars (50g and up), since minting and certification costs are spread across more gold. Small bars and coins can carry a proportionally higher premium because those fixed costs are spread over less weight. This is separate from jewelry, where making charges (maksariya) are a much larger, separate cost on top of the raw gold price — jewelry isn't priced on a simple spot-plus-spread basis the way investment bars are.
This spread exists because dealers take on costs and risk: verifying purity, covering overheads, insuring stock, and making a margin on every transaction. It is completely normal and not unique to Saudi Arabia — you'll see similar spreads in gold markets worldwide.
The calculator above models the investment bar/coin spread by treating the live market price as the approximate selling price, and adding your chosen premium (default 5 SAR/gram) to estimate the buying price. If your dealer quotes a different spread — larger for small bars or coins, or a jewelry price that includes making charges — move the slider, or use this estimate only as a starting reference point.
Suppose the live 24K market price shown on this page is SAR 390 per gram, and you use the default 5 SAR/gram spread for an investment-grade bar:
| Scenario | Price per Gram | Total for 5 Grams |
|---|---|---|
| You are buying 5g of 24K gold | 390 + 5 = SAR 395 | SAR 1,975 |
| You are selling 5g of 24K gold | SAR 390 | SAR 1,950 |
| Spread on this transaction | SAR 5 | SAR 25 |
This example uses illustrative numbers for an investment-grade bar. Jewelry (making charges) and very small bars/coins can carry a higher effective premium. Use the live calculator above for today's actual estimate — it recalculates automatically as the market price updates.
Major gold souqs include:
You can also buy investment-grade gold from banks like Al Rajhi Bank and SNB. When you're ready to sell, most licensed dealers will buy back gold they didn't sell you too — but keep in mind:
Saudi Arabia's standard VAT rate is 15%. Under ZATCA's regulations, investment-grade gold — generally 99% purity or higher, in the form of bars, ingots, or coins recognized by bullion markets — is normally VAT-exempt when the conditions for investment metals are met. Gold jewelry, however, is typically treated differently: VAT is usually applied to the making-charge (labor) portion of the price, though treatment can vary by retailer and invoice structure. Officially, VAT liability depends on the gold's purity/form and whether the seller is VAT-registered — not on how you pay — but in practice, many small, cash-only souq dealers may not itemize or consistently charge VAT the way larger, card-accepting, VAT-registered retailers do. This calculator does not add VAT to its estimates, so always ask the dealer directly whether their quoted price already includes VAT, and check ZATCA's guidance before a large purchase.
Method last reviewed: July 2026
Spot price sourced live from goldprice.org; SAR conversion uses the Saudi Central Bank (SAMA) USD peg of 3.75.
Learn more about our review process.
Disclaimer: Prices and buy/sell estimates are derived from the live global spot price plus a typical dealer spread, and may differ from actual local souq/dealer rates, which include their own premiums, making charges, and testing/certification fees. Always verify with your local dealer before buying or selling, and treat any tax information here as general guidance, not tax advice.
⚠️ Disclaimer: All results are estimates based on the live global gold spot price and a typical dealer spread. Actual buy/sell prices vary by dealer, city, and product type. Always verify with your local jeweler or bank before making a financial decision, and consult ZATCA or a tax professional for VAT questions.