Live Gold Rate in Saudi Arabia Today — 24K / 22K / 21K / 18K Per Tola & Gram in SAR (سعر الذهب السعودية)
Check today's live gold price in Saudi Arabia in Saudi Riyal (SAR ر.س). SAR is pegged at 3.75 SAR = 1 USD. updated every 60 seconds. Riyadh and Jeddah gold souk rate — free, no login required.
Today's Gold Rate in Saudi Arabia — SAR (ر.س)
| Karat | Per Tola (SAR) | Per Gram (SAR) |
|---|---|---|
| 24 Karat Gold (24K) | ر.س 5,755 | ر.س 493.41 |
| 22 Karat Gold (22K) | ر.س 5,276 | — |
| 21 Karat Gold (21K) | ر.س 5,036 | — |
| 18 Karat Gold (18K) | ر.س 4,316 | — |
Gold Markets in Saudi Arabia
Saudi Arabia has some of the world's most vibrant gold markets. The Al-Balad area in Jeddah (a UNESCO World Heritage Site) hosts one of the oldest gold souks in Arabia. The Al-Zal gold souk in Riyadh is the largest in the Kingdom. The gold souks in Makkah and Madinah serve millions of Hajj and Umrah pilgrims annually. The Saudi Riyal (SAR) is pegged at 3.75 SAR = 1 USD.
Gold Rate Today in Riyadh, Jeddah, Dammam, Khobar, Jubail & Madinah
Gold trades at one national benchmark across the Kingdom: the Riyadh gold rate today, the gold rate in Jeddah, the gold rate in Dammam and Khobar, today's gold rate in Jubail and the gold rate in Madinah are all the same live SAR price — ر.س 493.41 per gram (24K), ر.س 5,036 per tola (21K) — only making charges and dealer margins differ from souk to souk.
Riyadh's trade concentrates in the Al-Zal and Batha souks; Jeddah's in the historic Al-Balad gold market; the Eastern Province (Dammam, Khobar and industrial Jubail) runs busy jewellery districts serving expat and local demand alike; and Madinah's souk serves pilgrims year-round. Saudi souks quote 21K and 22K by the gram — the saudi gold rate today 22 carat in Riyadh equals the national 22K per-gram rate shown in the table above, with 15% VAT applied on making charges at the counter.
Live Gold Rate in Saudi Arabia Today
Live﷼ SAR·1 USD = 3.75 SAR·Riyadh · Riyadh · Jeddah · Jeddah
XAU / USD Spot
$ 4,092.50/ troy oz
SAR / USD Rate
3.751 USD → 4 SAR
Gold Price by Karat — Saudi Arabia (SAR ﷼)
Market Data
XAU/USD (Intl.)
$4,092.50
SAR/USD Rate
3.75
24K Per Gram
﷼ 493.41
24K Per Ounce
﷼ 15,347
Saudi Arabia Gold Price Chart (SAR)
No data available for this period.
24K gold rate in SAR (﷼) · Goldify Pro live feed · Updated every 60 seconds
Gold Price History
No data for this period.
Source: gold-api.com · XAU/USD per troy oz · Data for informational use only
History of Gold Prices — Key Milestones & Market Insights
Gold has served as a store of value for over 5,000 years— from ancient Egyptian pharaohs to modern central banks. Its price, once fixed by governments, now floats freely on global markets and reflects the intersection of monetary policy, geopolitical risk, supply constraints, and cultural demand across 104 countries. Understanding this history helps investors and jewellers in Pakistan and worldwide interpret today's live gold rates with greater confidence. You can track today's international rate alongside the live gold rate in Pakistan (PKR) on this page, updated every 60 seconds from the XAU/USD spot market.
Gold Price Timeline — 80 Years of History
The modern era of free gold pricing began in 1971 when the Nixon administration ended the Bretton Woods system. Before that, gold had been fixed at just $35 per troy ounce under the 1944 Bretton Woods Agreement — a system that gave the US dollar its post-war dominance but ultimately collapsed under the pressure of Vietnam War spending and growing US trade deficits. Use our troy ounce to grams converter to compare these historical prices in metric units.
World currencies were pegged to the US dollar, which was convertible to gold at $35 per troy ounce — establishing gold as the anchor of the global monetary system and locking its price for nearly three decades.
President Nixon suspended dollar-to-gold convertibility, ending Bretton Woods. Gold was freed to trade at market prices for the first time in decades, triggering a historic bull run that would define the decade.
Gold surged to $850 per ounce amid the Iranian Revolution, Soviet invasion of Afghanistan, and rampant US inflation. Adjusted for inflation, this level remained the effective all-time high for over 25 years.
The collapse of Lehman Brothers and the global credit crisis drove investors to safe-haven assets. Gold climbed from $700 to over $1,000 per ounce as institutional trust eroded and central banks cut rates to zero.
Quantitative easing programmes, eurozone debt crises, and fears of dollar debasement pushed gold to a then-record $1,920/oz. Central banks began rebuilding gold reserves at scale, shifting from net sellers to net buyers.
Unprecedented monetary stimulus globally drove gold to a new all-time high above $2,075/oz in August 2020. Investors sought inflation protection as governments ran record deficits to support pandemic-hit economies.
Persistent inflation, escalating geopolitical tensions, and record central bank purchases — led by China, India, and Turkey — drove gold through $3,000/oz for the first time in history, rewriting the record books.
What Drives Gold Prices? — 6 Key Factors
US Dollar Strength & Real Interest Rates are the two most powerful short-term drivers of gold. Since gold is priced globally in US dollars, a weaker dollar makes gold cheaper for foreign buyers — boosting demand and price. Simultaneously, when real interest rates (nominal rate minus inflation) turn negative, gold becomes more attractive than cash or government bonds because it carries no dilution risk. This combination drove gold from $700 to $1,920 between 2008 and 2011, and again to $2,075 during the COVID-19 pandemic stimulus era.
Central Bank Demandhas become the single largest structural support for gold prices since 2022. Institutions like the People's Bank of China, Reserve Bank of India, and central banks of Turkey, Poland, and Singapore have dramatically increased gold reserves — purchasing over 1,000 tonnes per year — as a strategy to diversify away from US dollar dependence. Geopolitical uncertainty compounds this: wars, sanctions, and political crises push both sovereign and private investors into gold as a borderless, unfreezable safe-haven asset. The 2022 Russia–Ukraine war and Middle East tensions in 2024 each contributed to major price rallies.
Jewellery & Industrial Demand from India and China together accounts for over 50% of global gold jewellery consumption. Seasonal buying cycles — Diwali, Lunar New Year, South Asian wedding seasons — create recurring demand surges that lift prices and local premiums. In Pakistan, peak wedding and Eid seasons drive significant demand at sarafa bazaars, particularly for 22 karat bridal jewellery. On the supply side, mine production adds only ~3,500 tonnes per year — roughly 1.5% to total above-ground supply — creating a structural scarcity that sets a long-term price floor. Rising mining costs and declining ore grades reinforce this supply constraint decade over decade.
Together, these six factors explain why gold has risen from $35/oz in 1971 to over $3,000/oz in 2024–25 — a 85x increase driven by monetary expansion, geopolitical disruption, and inelastic demand. The live rate on this page captures all of these forces in real time, reflecting the exact price where global supply and demand meet at this moment. Explore our full suite of gold calculators to convert this spot price into any weight unit — tola, gram, troy ounce, kilogram — or calculate the exact value of any karat for any budget.
Disclaimer: Historical gold prices are shown for informational and educational purposes only. Past performance does not guarantee future results. Gold prices are influenced by global economic conditions that change constantly. This content is not financial or investment advice. Always consult a qualified financial advisor before making investment decisions.
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Today's Complete Gold Rate Table — Saudi Arabia (SAR ﷼)
All rates for Saudi Arabia in SAR (﷼) · Last updated: — · Source: Goldify Pro
Explore Gold Price in Every Weight Unit — Saudi Arabia (SAR)
Live 24K gold prices in ﷼ for every major weight unit used worldwide — from the South Asian Tola, Masha and Ratti to Bangladesh's Vori, Thailand's Baht, Vietnam's Lượng, Iran's Mesghal, and Chinese Tael, Mace and Candareen. All prices are calculated in real time from today's per-gram rate (﷼ 493.41/g).
South Asian
1 Tolaتولا · तोला
Pakistan, India, Nepal
1 Mashaماشہ · माशा
1/12 Tola · fine jewellery
1 Rattiرتی · रत्ती
1/96 Tola · gemstones
1 Vori (Bhori)ভরি
Bangladesh
1 Ana (Anna)আনা
1/16 Vori
Metric & Global
1 Gramg
Worldwide retail standard
1 Kilogramkg
Bulk / wholesale trade
1 Troy Ounceoz t
LBMA & COMEX bullion
East & Southeast Asian
1 HK Tael兩 (leung)
Hong Kong, Macau
1 CN Tael兩 (liǎng)
Mainland China
1 Mace錢 (qián)
1/10 HK Tael · Singapore, Malaysia
1 Candareen分 (fēn)
1/100 HK Tael
1 Bahtบาท
Thailand (96.5% jewellery standard)
1 Luong (Lượng)lượng
Vietnam · SJC gold bars
Middle Eastern
1 Mesghalمثقال
Iran (Tehran Bazaar standard)
1 Mithqalمثقال
Saudi Arabia, UAE, Egypt, Iraq
Imperial & Western
1 Pennyweightdwt
1/20 Troy Ounce · US/UK dental gold
1 Graingr
1/480 Troy Ounce
See quantity-by-quantity gold rate tables
Full breakdowns for 2, 3, 5, 10, 25, 50+ units of every weight standard
24K gold price in Saudi Arabia (﷼) · derived from ﷼ 493.41 per gram · updated every 60 seconds
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Major Gold Markets in Saudi Arabia
Saudi Arabia's gold trade is dominated by Riyadh's Al-Dabaab Gold Souk— the kingdom's largest gold market — and Jeddah's Al-Bawadi Mall Gold Souk. During the Hajj and Umrah seasons, gold demand spikes significantly as pilgrims purchase jewellery. The Saudi Riyal (SAR) is pegged at 3.75 to the US Dollar, making gold prices in SAR highly predictable relative to international spot. Gold jewellery is subject to 15% VAT; investment bullion is VAT-exempt.
Why Local Souk Prices Differ from Live Spot Rates
The live rate on this page is the international spot price of gold converted to Saudi Riyal (SAR) at the fixed peg of 3.75 SAR = 1 USD. This is the global benchmark price — it is notthe same as the price you will pay at Al-Dabaab Souk in Riyadh, Jeddah's Al-Balad jewellery district, or Makkah's Ajyad Gold Market. Several structural factors create a consistent gap between the international spot rate and the prices Saudi buyers encounter at retail.
Dealer margins and making charges (ajrat as-san'a) are the primary source of the premium. Saudi souk prices are typically 1%–4% above spot in SAR for 21K–22K jewellery. Traditional Saudi (Khaleeji) pieces — featuring intricate hand-engraving, filigree, and granulation influenced by Yemeni and Najdi craftsmanship traditions — carry higher making charges than simple chains or bangles. The shabka (شبكة), a bridal gold set that is the centrepiece of Saudi weddings, can comprise hundreds of grams of 21K or 22K gold and carry significant craftsmanship premiums. Use the karat purity calculator to find the exact gold value of any piece at today's live rate.
15% VAT on gold jewellery is the single largest cost adder for Saudi buyers. Saudi Arabia introduced 5% VAT in 2018 and tripled it to 15% in July 2020. This applies to gold jewellery at all purity levels. Investment gold — bars and coins meeting SASO (Saudi Standards, Metrology and Quality Organization) purity specifications — may be zero-rated, but always confirm the applicable VAT treatment directly with the dealer before purchasing. The 15% VAT means Saudi jewellery prices are notably higher than Dubai for the identical piece, which drives significant cross-border shopping by Saudi residents near the UAE border.
Hajj and Umrah pilgrim demand creates powerful seasonal price pressure unique to Saudi Arabia. Over 2 million Muslims perform Hajj annually during Dhul Hijja (the 12th Islamic month), and a further 15 million+ perform Umrah throughout the year. Gold buying is a major pilgrimage activity — pilgrims from Indonesia, Malaysia, Pakistan, India, Bangladesh, Nigeria, Turkey, and 180 other countries purchase gold as investments, gifts, and souvenirs. The gold markets in Makkah (particularly around Al-Masjid Al-Haram) and Madinah (around Al-Masjid An-Nabawi) experience extraordinary trading volume during peak seasons. Supply competition among hundreds of dealers keeps prices relatively tight even during surges in demand.
Dubai as the regional pricing hub heavily influences Saudi gold prices. Most physical gold entering Saudi Arabia flows through the Dubai Gold & Commodities Exchange (DGCX)and the Dubai Gold Souk — the largest gold trading centre in the world. Saudi dealers source their stock primarily via Dubai channels. Dubai's zero-VAT environment on investment gold and lower jewellery taxes mean Saudi buyers occasionally travel to Dubai for large purchases. The 3.75 SAR/USD peg closely mirrors the 3.67 AED/USD peg, making cross-border price comparison straightforward. Explore all gold converters and calculators to compute exact values for any weight, karat, or currency.
Typical gap in Saudi Arabia: Souk jewellery prices are usually 1%–4% above spot in SAR, plus 15% VAT on jewellery items. Investment bullion tracks closer to spot and may be VAT-exempt. The fixed SAR/USD peg ensures a very stable gold pricing environment with no local currency risk. Use the live rate above as your reference benchmark and confirm final prices — including VAT treatment — directly with your dealer.
Frequently Asked Questions — Gold Rate in Saudi Arabia
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About This Gold Rate Page
This page provides the live gold rate in Saudi Arabia today in Saudi Riyal (SAR ﷼) for 24 karat, 22 karat, 21 karat, and 18 karat gold — per gram, per tola (11.664 g), and per troy ounce. Rates are refreshed every 60 seconds using the international XAU/USD spot price from gold-api.com. The SAR is fixed at 3.75 SAR = 1 USD— one of the world's most enduring currency pegs, maintained since 1986 — making the gold price in Saudi Arabia in SAR highly stable and predictable for Saudi buyers and expatriates alike.
Saudi Arabia's most iconic gold market is Al-Dabaab Souk(also known as Al Zal Souk) in central Riyadh, near the historic Dira Square. Jeddah's Al-Balad Gold Souk — located in the UNESCO World Heritage old city — has served merchants and pilgrims for centuries. Makkah's Ajyad Gold Market is arguably the world's busiest gold retail market during Hajj season, when over 2 million pilgrims from 180+ countries descend on the holy city, making gold purchases a major pilgrimage activity. Madinah's souk around Al-Masjid An-Nabawi is also a significant gold trading centre for Umrah visitors year-round.
21 karat gold dominates retail sales for traditional Khaleeji (Gulf Arab) bridal jewellery — including the shabka (شبكة) bridal set, the hijool (ankle bracelets), and elaborately engraved necklaces that are central to Saudi wedding culture. 22 karatis the preferred standard among the Kingdom's large South Asian expatriate community (Indian, Pakistani, and Bangladeshi workers), who make up a significant portion of gold buyers at Riyadh and Jeddah souks. 18 karat diamond-set jewellery is sold in modern mall boutiques and international brand stores. 24 karat investment bars and coins are available at licensed dealers and commercial banks including Al Rajhi Bank, Saudi National Bank (SNB), and Riyad Bank.
The gold rate in Riyadh today and across Saudi Arabia is regulated under oversight from the Saudi Arabian Monetary Authority (SAMA) and the Saudi Standards, Metrology and Quality Organization (SASO), which sets mandatory hallmarking and purity standards for all gold sold in the Kingdom. Licensed dealers must comply with SASO marking requirements — ensuring buyers can verify karat purity on every piece.
Goldify Pro is completely free. No login or account required to view the live gold rate in Saudi Arabia today per gram, per tola, or per ounce.
Important Disclaimer
The gold rates displayed on this page are for informational purposes only and are derived from the international XAU/USD spot price converted at the fixed SAR peg of 3.75 SAR = 1 USD. These rates do not represent the actual buying or selling prices offered by any specific jeweller, bank, or gold dealer in Saudi Arabia, nor do they include the 15% VAT applicable to gold jewellery purchases.
Actual prices at Saudi gold markets — including Al-Dabaab Souk Riyadh, Jeddah's Al-Balad and Tahlia Street jewellers, Makkah's Ajyad Market, Madinah's souk, and mall boutiques across the Kingdom — will vary due to dealer margins, making charges, workmanship fees, VAT (15% on jewellery), and local supply and demand. Goldify Pro is not a gold dealer, broker, or financial intermediary.
This content does not constitute financial, investment, or trading advice. Gold prices can be highly volatile. Always verify rates with a licensed gold dealer or bank before making any purchase, sale, or investment decision. Past price trends do not guarantee future performance.
Data sources: gold-api.com (XAU/USD spot) · Fixed peg: 3.75 SAR = 1 USD. Rates refresh every 60 seconds. Goldify Pro holds no responsibility for decisions made based on this data.
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Gold Price in Saudi Arabia Today — Per Gram & Per Tola (SAR)
Today, October 22, 2026, the 24K gold price in Saudi Arabia is ﷼493.41 per gram (22K: ﷼452.30 · 21K: ﷼431.74 · 18K: ﷼370.06). Rates are calculated from the live international XAU/USD spot price converted to SAR and refreshed every 60 seconds.
سعر الذهب اليوم في السعودية
سعر الذهب اليوم في السعودية: عيار 24 = 493 ريال للجرام، عيار 21 = 432 ريال للجرام.
| Karat | Per Gram (SAR) | Per Tola (11.664 g) (SAR) | Per Troy Ounce (31.103 g) (SAR) |
|---|---|---|---|
| 24K Gold | ﷼493.41 | ﷼5,755 | ﷼15,347 |
| 22K Gold | ﷼452.30 | ﷼5,276 | ﷼14,068 |
| 21K Gold | ﷼431.74 | ﷼5,036 | ﷼13,429 |
| 18K Gold | ﷼370.06 | ﷼4,316 | ﷼11,510 |
Saudi gold souks (Al-Zal in Riyadh, the historic Al-Balad souk in Jeddah) quote prices per gram, with 21K and 22K the most popular jewellery standards. The per-tola rate above serves the Kingdom's large South Asian community that compares prices in tolas — one tola equals 11.664 grams. Prices track XAU/USD converted at the pegged rate of 3.75 SAR per USD.
Updated just now · Last updated: · Source: XAU/USD spot × live SAR exchange rate.