Gold Price in Saudi Arabia 2025 check Updated Rates
As of April 2025, Gold prices in Saudi Arabia range from SAR 2,415 to SAR 3,220 per tola depending on the purity (18K to 24K), offering a cost-effective option for both personal use and investment.
latest Gold Rates in Saudi Arabia (April 2025)
| Gold Type | Price (SAR) | Price (PKR)* |
|---|---|---|
| 24K per gram | SAR 276 | ~PKR 20,700 |
| 22K per gram | SAR 253 | ~PKR 18,980 |
| 21K per gram | SAR 242 | ~PKR 18,150 |
| 18K per gram | SAR 207 | ~PKR 15,500 |
| 1 Tola (24K) | SAR 3,220 | ~PKR 241,000 |
*PKR prices are approximate and based on the current exchange rate (1 SAR ≈ 7.5 PKR).
Why Gold is Cheaper in Saudi Arabia?
Saudi Arabia is one of the world’s largest importers and retailers of gold. The key reasons for its competitive gold prices include:
- No VAT or low taxes on gold jewelry
- The high importance of trade in cities like Riyadh, Jeddah, and Makkah
- Direct access to international gold markets
- Minimal making charges compared to South Asian markets
Gold Purity Types Commonly Available
- 24K Gold – Pure gold (99.9%), mostly used for investment bars and coins
- 22K Gold – 91.6% pure, widely used for jewelry
- 21K Gold – Common in Saudi jewelry shops
- 18K Gold – 75% pure, mixed with alloy for durability and design
Where to Buy Gold in Saudi Arabia?
Saudi Arabia has thousands of certified and trusted gold dealers. Popular cities for gold shopping:
- Riyadh – Batha Gold Souq
- Jeddah – Balad Gold Market
- Makkah & Madinah – Ideal for pilgrims
- Dammam & Khobar – Modern malls with certified jewelers
Look for SAMA-certified (Saudi Arabian Monetary Authority) shops or global brands like Malabar Gold, Joyalukkas, or Liali.
Factors Affecting Gold Price in Saudi Arabia
- Global Gold Rate (USD/oz)
- US Dollar to Saudi Riyal exchange rate
- International demand/supply
- Local taxes or regulatory changes
- Jewelry design and making charges
Gold Investment in Saudi Arabia – Is It Worth It?
Yes. Gold is assumed a safe investment, mainly in uncertain economic times. Here’s why:
- Easy to resell
- No depreciation
- Can be stored securely
- Acts as a hedge against inflation and currency fluctuations
Many expats also prefer to buy gold in Saudi Arabia and take it back home due to lower costs and guaranteed purity.
Tips for Buying Gold in Saudi Arabia
- Always ask for a purity certificate
- Compare rates between shops before buying
- Avoid paying high charges
- Check the daily gold rate online before purchasing
- Prefer solid gold over gold-plated items
