Saudi Arabia · SAR · March 2025
Gold Price in Saudi Arabia — March 2025
In March 2025, the gold price in Saudi Arabia closed at approximately ﷼11,731 per troy ounce, equivalent to ﷼4,399 per tola or ﷼377 per gram. This represents a +4.86% change on the month (﷼11,187 open → ﷼11,731 close).
Open
﷼11,187
per troy ounce
Close
﷼11,731
per troy ounce
High
﷼11,731
per troy ounce
Low
﷼10,857
per troy ounce
All unit prices at March 2025 close — Saudi Arabia
| Unit | Weight | Closing SAR price |
|---|---|---|
| Troy ounce | 31.1035 g | ﷼11,731 |
| Gram | 1.0000 g | ﷼377 |
| 10 grams | 10 g | ﷼3,771 |
| Kilogram | 1,000 g | ﷼377,144 |
| Tola | 11.664 g | ﷼4,399 |
Karat-purity breakdown at March 2025 close
| Karat | Per gram | Per tola |
|---|---|---|
| 24K | ﷼377 | ﷼4,395 |
| 22K | ﷼345 | ﷼4,029 |
| 21KSAUDI ARABIA STD | ﷼330 | ﷼3,849 |
| 18K | ﷼283 | ﷼3,299 |
| 14K | ﷼221 | ﷼2,573 |
| 10K | ﷼157 | ﷼1,834 |
Daily gold price in SAR — March 2025
March 2025 gold market: Technical breakout: gold clears $3,000
BullishA decisive technical breakout above $3,000 unleashed momentum flows.
Gold accelerated in March, breaking key resistance and clearing $3,000 per ounce for the first time. Decisive breakouts attract self-reinforcing flows — momentum traders, algorithms, and gold-backed ETFs all add to the move — and that dynamic, layered on top of rising geopolitical risk, kicked off the year's major rally.
March was the month the rally became self-reinforcing. The break above $3,000 was not just a round-number milestone — it cleared multi-year technical resistance, triggering buying from momentum funds and trend-following algorithms while gold-backed ETFs began taking inflows after years of stagnation. That return of Western ETF demand, alongside the steady central-bank bid, gave 2025's advance a broader and more durable base than the largely central-bank-driven gains of 2022–2024.
What drove gold in March 2025
- technical breakout above $3,000
- returning ETF inflows
- momentum and algorithmic buying
- rising geopolitical risk
Key events in March 2025
- Mar 14Gold trades above $3,000/oz for the first time
What happened next
Sweeping new US tariffs in early April turned the breakout into a historic surge.
For gold buyers in Saudi Arabia
March's break of $3,000 was the ignition point — once long-dormant ETF demand returned, the rally had a second engine.
Key terms this month
- Gold-backed ETF:
- An exchange-traded fund holding physical gold; large inflows force the fund to buy bullion, adding direct demand. Western ETF demand returned strongly in 2025.
Related months to read
The 2025 gold market: Continued bull market and de-dollarization signals
2025 saw gold continue its bull market with prices reaching new highs above $3,000/oz. BRICS+ expansion (UAE, Iran, Egypt, Ethiopia) accelerated. Central-bank buying remained at record levels. The era of structural gold appreciation continued through the year.
Key drivers in 2025
Continued central-bank buying, BRICS+ settlement infrastructure, USD reserve share declining, AI-era productivity boom
2025 XAU/USD high
Above $3,000
2025 XAU/USD low
$2,580 (approx)
Era context — The modern bull market (2019 to today)
Gold's second major bull market of the 21st century. Driven by COVID stimulus, Russia sanctions, central-bank accumulation at record levels, and the structural shift toward a multi-polar reserve system. New all-time highs reached repeatedly since 2020.
The Saudi Arabia gold market
Saudi Arabia's gold market is concentrated in Jeddah and Riyadh, with 21-karat being the regional jewellery standard rather than 22K. Retail prices are quoted per gram. The Kingdom applies a 15% VAT on jewellery making charges (not on the gold metal value itself for investment-grade bars). Saudi gold demand is strongly seasonal, peaking around weddings, Ramadan and Hajj.
Standard quote unit
gram
Common purity
21K
Currency
SAR (﷼)
Daily gold price — March 2025, Saudi Arabia
﷼11,187
$2,983.25/oz
﷼10,857
$2,895.21/oz
﷼10,857
$2,895.27/oz
﷼10,980
$2,927.91/oz
﷼10,987
$2,929.98/oz
﷼10,975
$2,926.72/oz
﷼10,992
$2,931.15/oz
﷼10,944
$2,918.39/oz
﷼10,944
$2,918.39/oz
﷼10,958
$2,922.23/oz
﷼11,028
$2,940.69/oz
﷼11,213
$2,990.06/oz
﷼11,269
$3,005.04/oz
﷼11,257
$3,001.98/oz
﷼11,261
$3,002.90/oz
﷼11,394
$3,038.35/oz
﷼11,445
$3,052.10/oz
﷼11,466
$3,057.59/oz
﷼11,428
$3,047.55/oz
﷼11,375
$3,033.34/oz
﷼11,375
$3,033.34/oz
﷼11,385
$3,036.11/oz
﷼11,371
$3,032.17/oz
﷼11,474
$3,059.77/oz
﷼11,576
$3,086.97/oz
﷼11,731
$3,128.14/oz
﷼11,731
$3,128.14/oz
How Saudi Arabia gold prices are calculated on this page
Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The SAR/USD exchange rate comes from exchangerate-api.com's 2025 year-end snapshot.
Conversion. Every SAR figure on this page is computed as XAU/USD price × SAR/USD rate. We use the year-end exchange rate consistently across all March 2025 prices on this page.
Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).
What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Saudi Arabia, add the country-specific levies described in the “Saudi Arabiagold market” section above.
FAQ — Saudi Arabia gold price in March 2025
What was the gold price in Saudi Arabia in March 2025?
In March 2025, gold in Saudi Arabia opened at ﷼11,187/oz and closed at ﷼11,731/oz — a move of +4.86% on the month. Per tola: ≈﷼4,399; per gram: ≈﷼377; per 10g: ≈﷼3,771.
What was the 24K gold rate per tola in Saudi Arabia in March 2025?
The 24K gold rate per tola in Saudi Arabia at the March 2025 close was approximately ﷼4,399, derived from international XAU/USD spot of $3,128.14/oz times the 2025-end SAR/USD exchange rate of 3.75. This is pure metal value; final retail rates include local taxes and dealer making charges.
What was the 21K gold rate per gram in Saudi Arabia in March 2025?
Saudi Arabia's most-quoted retail standard is 21K per gram. At the March 2025 close, that worked out to approximately ﷼330 (21K pure-metal value). Add local taxes and making charges for the final retail rate.
How was the local currency price calculated?
SAR prices on this page are computed from the verified international XAU/USD spot price for March 2025 (sourced from gold-api.com), multiplied by the 2025-end SAR/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.
Why does the retail price in shops differ from this number?
The ﷼ figures here represent the international gold spot price converted to SAR at the 2025-end exchange rate. Saudi Arabia's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.
When did gold first break $3,000?
Gold traded above $3,000 per ounce for the first time in March 2025, helped by a technical breakout, the return of gold-ETF inflows, record central-bank buying and rising geopolitical risk.
Want today's rate in Saudi Arabia? See live gold prices in Saudi Arabia with minute-by-minute updates and per-karat breakdowns.
Different month or year? Use the prev / next buttons above, or jump to the full 2025 archive or the USD-only March 2025 page with the country-by-country list at the bottom.
Other markets? Compare March 2025 prices across other major gold-trading countries: Pakistan, India, United Arab Emirates, United States, United Kingdom.
Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to SAR at the 2025-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Saudi Arabia before transacting.