24K Gold Rate in Saudi Arabia Today
Live price of 24-karat gold per gram in Saudi Riyal, the value of common weights, and what a Saudi jeweller will actually charge you.
● Global market closed: showing the last closing price
What is the 24K gold rate in Saudi Arabia today?
24K gold costs 502.03 SAR per gram today (Saturday, 17 October 2026), or about 133.87 USD. This is the value of the metal alone, before the making charge and 15% VAT that a jeweller adds. 24K gold is 99.9% pure. It is the purity used for investment bars and coins rather than everyday jewellery, because pure gold is too soft to keep its shape or hold a stone.
24K gold price by weight
| Weight | SAR | USD |
|---|---|---|
| 1 g | 502.03 | 133.87 |
| 5 g | 2,510.15 | 669.37 |
| 10 g | 5,020.30 | 1,338.75 |
| 1 tola (11.66 g) | 5,855.58 | 1,561.49 |
| 1 troy ounce (31.10 g) | 15,614.88 | 4,163.97 |
| 50 g | 25,101.50 | 6,693.73 |
| 100 g | 50,203.00 | 13,387.47 |
| 1 kg | 502,030.00 | 133,874.67 |
What 24K gold costs in a Saudi shop
Investment bars and coins of 99% purity or higher are zero-rated for VAT in Saudi Arabia, and the premium a dealer charges over the metal value is much smaller than a jewellery making charge. That is why 24K is usually bought as bars and coins for saving.
24K jewellery is rare and is taxed like any other jewellery: 15% VAT on the gold value plus the making charge. When you compare bar prices, compare them with the gram rate above, not with jewellery prices.
24K compared with the other karats
| Karat | Purity | Per gram (SAR) | Per gram (USD) | 10 grams (SAR) |
|---|---|---|---|---|
| 24K | 99.9% | 502.03 | 133.87 | 5,020.30 |
| 22K | 91.7% | 460.24 | 122.73 | 4,602.40 |
| 21K | 87.5% | 439.32 | 117.15 | 4,393.20 |
| 18K | 75.0% | 376.56 | 100.42 | 3,765.60 |
| 14K | 58.3% | 292.88 | 78.10 | 2,928.80 |
Selling 24K gold in Saudi Arabia
A shop buying your gold pays roughly the market rate for its karat, minus its own margin. The making charge and VAT you paid when you bought it are not refunded, which is why jewellery is an expensive way to save. Check the rate on this page before you go, and ask for the offer per gram so you can compare shops.
Frequently asked questions
Is the 24K gold rate the same in Riyadh, Jeddah and Dammam?
Yes. The metal is priced the same across Saudi Arabia, because the rate comes from the global spot price and the fixed peg of 3.75 riyals to the US dollar. Shops differ only in their making charges and buy-back margins.
How is the 24K gold price calculated?
The 24K price per gram is the spot price of one troy ounce in US dollars, multiplied by 3.75 and divided by 31.1035 grams. That figure is the 24K price itself, and every lower karat is a fixed fraction of it.
Does the 24K price include VAT?
No. Jewellery is charged 15% VAT on the gold value plus the making charge. Investment bars and coins of 99% purity or higher are zero-rated, so no VAT is added.
How often is the 24K rate updated?
Every few minutes while the global gold market is open. When the market is closed at the weekend, the page shows the last closing price.
More gold prices in English
Overview
Gold rate by karat
Gold rate by city
Gold rate by unit
Buying guide
Prices shown are the market value of the metal, updated every few minutes from the global spot price at 3.75 SAR per US dollar, before making charges and VAT. Shops set their own making charges and buy-back margins. This page is for information, not investment advice.