Gold Rate in Riyadh Today
Live gold prices in Riyadh for 24K, 22K, 21K and 18K per gram, and how to choose between the 8 gold shops in Riyadh listed in our directory.
● Global market closed: showing the last closing price
What is the gold rate in Riyadh today?
In Riyadh today (Saturday, 17 October 2026), 21K gold costs 439.32 SAR per gram, 22K costs 460.24 SAR, 24K costs 502.03 SAR and 18K costs 376.56 SAR. These are the same rates as in every Saudi city: the metal is priced from the global spot rate and the 3.75 SAR/USD peg, so jewellers in Riyadh differ only in their making charges.
Gold rate in Riyadh by karat
| 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 |
Where to buy gold in Riyadh
The best-known gold markets in Riyadh are Al-Thumairi, Al-Batha and Al-Muaiqliyah, where many jewellers trade side by side, which makes comparing making charges easy. Our market guides (in Arabic): Al-Thumairi gold market, Al-Batha gold market, Al-Muaiqliyah gold market. Our directory lists 8 gold shops in Riyadh with their location, phone number and Google Maps rating: browse the Riyadh gold shops (Arabic directory).
How to compare gold shops in Riyadh
- Ask for the making charge per gram, in riyals, before you choose a piece.
- Check that the invoice shows the weight, the karat, the making charge and the VAT separately.
- Ask what the shop would pay to buy the piece back, and at what deduction.
- Remember that the gold price itself is the same in every shop; only these terms differ.
Frequently asked questions
Is gold cheaper in Riyadh than in other Saudi cities?
No. The price of the metal is identical nationwide. What changes from shop to shop is the making charge, so a better deal comes from comparing making charges, not cities.
Do gold shops in Riyadh charge VAT?
Yes. 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.
Can I sell old gold in Riyadh?
Yes. Gold shops buy back at roughly the market rate for the karat, minus their margin. The making charge and VAT you paid at purchase are not refunded.
Which karat is most common in Riyadh gold shops?
21K is the standard for most Saudi jewellery. 18K is common for diamond pieces, and 22K for South Asian designs and gold sovereigns.
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.