About Saudi Gold Prices
Gold prices in Saudi Arabia are quoted in SAR per gram, linked to the international gold price in USD per troy ounce, converted at the fixed SAR/USD rate of 3.75. Price movements in KSA mirror international gold market movements exactly.
Gold Purity Guide
- 24K: 99.9% pure — investment bars, coins
- 22K: 91.7% pure — most jewellery (India, Pakistan background)
- 21K: 87.5% pure — popular KSA and Middle East jewellery
- 18K: 75% pure — white gold, rose gold, western jewellery
Frequently Asked Questions
How often do gold prices change?▾
Every trading day based on international spot prices. High-volatility days can see SAR 5–15/gram swings.
Is buying gold in Saudi Arabia cheaper?▾
Saudi gold is generally competitive — zero VAT on investment gold and low import duties. Souks often have lower making charges than western markets.