Live 24K, 22K, 21K and 18K gold prices per gram in Saudi Riyal — with VAT calculator and gold value estimator.
This is the raw gold value only. Final jewellery price includes making charges (SAR 8–15/gram) + 15% VAT.
| Weight | 24K (—) | 22K (—) | 21K (—) | 18K (—) |
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Prices shown are raw gold value without VAT or making charges.
Every piece of gold jewellery in Saudi Arabia must have a hallmark showing its karat purity — 999 for 24K, 916 for 22K, 875 for 21K, 750 for 18K. Always verify before buying.
Saudi Arabia charges 15% VAT on all gold purchases. Making charges (labour cost) are additional — typically SAR 8–15 per gram. Always ask the breakdown before agreeing.
Gold souks in Riyadh (Al Deira), Jeddah (Al Balad) and Dammam generally offer lower making charges than mall jewellery stores. The raw gold price is the same everywhere.
Gold prices fluctuate daily. During global uncertainty (recessions, wars) gold prices rise sharply. If you are buying for jewellery — prices are relatively stable. For investment — watch the trend before buying.
UAE has 0% VAT on gold vs Saudi's 15% VAT. Raw gold prices are similar but the final purchase price in Saudi is noticeably higher due to VAT. Many expats buy gold in Dubai when visiting.
Expats often sell gold before final exit. Gold souks buy back at current market rate minus a small margin. Keep your original receipt for proof of purchase when selling.