Souq Junction
🇸🇦 السعودية

Live Saudi Gold Rate Today & Gold Value Calculator

Precious Metals Verified daily benchmark data
🪙 Saudi Gold Rate & Value Calculator
⚡ Live gold spot benchmark: USD $3,887.60/oz (SAR 14,578.50/oz) Rates cached: Nov 14, 2026 08:25 PKT
Purity Level Fineness Price per Gram (SAR) Price per Tola (SAR) Usage in Saudi Arabia
24 Karat 99.9% Pure SAR 468.71 SAR 5,466.94 Bullion bars and investment coins
22 Karat 91.6% Pure SAR 429.65 SAR 5,011.35 South Asian jewelry collections
21 Karat ★ 87.5% Pure SAR 410.12 SAR 4,783.56 Standard Arab wedding sets
18 Karat 75.0% Pure SAR 351.53 SAR 4,100.18 Modern and diamond pieces

Value of Your Gold Calculator

Enter quantity
Select unit (1 Tola = 11.6638 grams)
Select the gold hallmark
Estimated Raw Metal Value
SAR 4,333.50
Selected Karat Rate: SAR 410.12 / gram
Total Gold Weight: 10.00 Grams
Scrap / Buy-Back Base: Excludes making fees and retail taxes

About Saudi Gold Rate & Value Calculator

Gold holds an esteemed cultural and financial status in Saudi Arabia, with historic gold souqs flourishing across Riyadh, Jeddah, Dammam, and Makkah. Retail gold benchmarks in the Kingdom follow international bullion spot prices on COMEX and the London Bullion Market Association, converted into Saudi Riyals through the monetary peg and calibrated into metric grams.

Trading purities cater to varied tastes: 24 Karat represents pure 99.9% investment bullion bars; 22 Karat is favoured for intricate South Asian ornaments; 21 Karat is the iconic standard for traditional Saudi and Arab wedding jewellery; and 18 Karat is popular in modern European and diamond-set pieces. This tool displays live price benchmarks per gram alongside an interactive valuation calculator to help you appraise scrap gold or verify souq quotes.

How It Works & Key Standards

  • 24 Karat Benchmark: Derived directly from the global spot price per troy ounce divided by 31.1035 grams.
  • Karat Ratios: 22k equals 24k multiplied by 22/24; 21k equals 24k multiplied by 21/24; 18k equals 24k multiplied by 18/24.
  • Custom Valuation: Enter total weight in grams and select karat purity to compute the intrinsic raw metal value.
  • Making Charges Note: Store buy-back transactions value pure gold weight only, excluding original making fees and retail taxes.

Frequently Asked Questions

Why is 21 Karat the most popular gold purity in Saudi Arabia?

21 Karat contains 87.5% pure gold alloyed with copper and silver. It delivers the ideal balance of rich yellow luster, traditional prestige, and physical durability needed for heirloom jewelry.

What is masna'iya and how does it affect jewelry prices?

Masna'iya is the craftsmanship or manufacturing fee charged per gram by the goldsmith. It ranges from SAR 15 to SAR 60 or more per gram depending on the complexity of the design, and is open to bargaining.

Is VAT charged on gold purchases in Saudi Arabia?

Investment grade gold bullion bars and coins with a purity of 99% or higher (24 Karat) are exempt from VAT under ZATCA regulations. Finished jewelry carries the standard 15% VAT on the total retail price.

How do Saudi jewelers calculate the buy-back price for used gold?

Jewelers test purity, weigh the metal without gemstones, and offer the current scrap gold market rate for that karat purity. Historical craftsmanship fees and original VAT paid are never refunded upon resale.