Gold Rate Per Gram in Saudi Arabia
The gram is the pricing unit every Saudi jeweller works in. This page shows the live per gram rate for each karat in Saudi Riyal, updated automatically.
| Karat | Today (gram) | Yesterday | Change | Tola | Ounce | Kilo |
|---|---|---|---|---|---|---|
| 21K | SAR 463.63 | — | 0.00 | SAR 5,407.74 | SAR 14,420.65 | SAR 463,634 |
| 24K | SAR 529.34 | — | 0.00 | SAR 6,174.09 | SAR 16,464.26 | SAR 529,338 |
| 22K | SAR 485.73 | — | 0.00 | SAR 5,665.46 | SAR 15,107.90 | SAR 485,730 |
| 18K | SAR 397.40 | — | 0.00 | SAR 4,635.20 | SAR 12,360.56 | SAR 397,401 |
| 14K | SAR 309.97 | — | 0.00 | SAR 3,615.46 | SAR 9,641.24 | SAR 309,973 |
| 10K | SAR 220.80 | — | 0.00 | SAR 2,575.32 | SAR 6,867.53 | SAR 220,796 |
All prices in Saudi Riyal. These are raw metal values before making charges and VAT. Updated automatically several times a day.
Why Gold Is Priced Per Gram Here
The gram is small enough to price any piece precisely, from a one gram pendant to a hundred gram set, which makes it the natural retail unit. Even when a shop quotes you a tola price for a South Asian customer or references an ounce figure from international news, the underlying arithmetic is always the gram rate multiplied by the weight of that unit.
Practically, this means valuing any piece takes one multiplication. A 30 gram chain in 21K is worth 30 times the 21K gram rate shown above, before making charge and VAT. That single calculation is the most useful habit a gold buyer in Saudi Arabia can develop.
How the Per Gram Rate Is Calculated
Three steps produce the number:
- The international spot price, quoted in US dollars per troy ounce, is divided by 31.1035 to give the dollar price per gram of pure gold.
- That figure is multiplied by 3.7500, the fixed riyal-to-dollar peg in place since 1986.
- The result, the price per gram of 24K, is multiplied by the purity ratio of each karat: 0.875 for 21K, 0.916 for 22K, 0.750 for 18K, 0.585 for 14K.
Because the peg does not move, there is no currency risk layered on top. A one percent move in the world gold price is a one percent move in the riyal price, precisely.
Per Gram Prices Across Weights
| Weight | 21K |
|---|---|
| 1 gram | SAR 463.63 |
| 5 grams | SAR 2,318.15 |
| 10 grams | SAR 4,636.30 |
| 20 grams | SAR 9,272.60 |
| 50 grams | SAR 23,182 |
| 100 grams | SAR 46,363 |
| Tola (11.66g) | SAR 5,407.69 |
| Ounce (31.10g) | SAR 14,420.52 |
A Worked Example
Suppose you are looking at a 21K bangle weighing 25 grams and the 21K rate is 460 riyals per gram. The metal value is 25 times 460, or 11,500 riyals. If the shop applies a 15 percent making charge, that adds 1,725 riyals, bringing the subtotal to 13,225. VAT at 15 percent on that subtotal adds roughly 1,984 riyals, for a total of about 15,209 riyals.
Seeing the breakdown this way makes it obvious where the negotiable money sits. The metal value is fixed and identical everywhere. The making charge is the shop’s own figure and is where comparison between jewellers actually matters.
Gram Versus Other Units
You will encounter three other units in Saudi shops. The tola equals 11.6638 grams and is familiar to Indian, Pakistani and Bangladeshi buyers. The troy ounce equals 31.1035 grams and is the international wholesale standard quoted in market news. The kilogram is used for large bars and institutional trades.
A common and costly confusion is treating the tola and the ounce as similar. They are not: an ounce is nearly three times a tola. When comparing any two quotes given in different units, convert both to grams first.
Tracking the Rate Before You Buy
The per gram rate is the cleanest number to follow because everything else derives from it. Checking it over several days rather than once tells you something a single glance cannot: whether today is near the top or the bottom of its recent range.
In a typical month the gold price moves within a band of a few percent. On a small purchase that is negligible. On a wedding set weighing eighty grams it can amount to several thousand riyals, which is worth a week of patience if your timing is flexible. If it is not flexible, buying at the prevailing rate is perfectly reasonable, and spreading a large purchase across a few visits achieves much the same smoothing effect.
What Moves the Gram Rate
Since the riyal is pegged to the dollar, the Saudi price follows the international gold market almost exactly. The main drivers are United States interest rate expectations, since lower rates make non-yielding gold more attractive; the strength of the dollar itself, which moves inversely to gold; central bank buying, which has provided steady support in recent years; and geopolitical tension, which pushes buyers toward safe assets.
Physical demand matters too. Wedding seasons across the Gulf and South Asia, and the run-up to Ramadan and the Eids, tighten the market at predictable points in the year. None of this is precisely forecastable, which is why steady, scheduled buying tends to serve individual buyers better than trying to outguess the next headline.
Frequently Asked Questions
What is the gold rate per gram in Saudi Arabia today?
The table above shows the live per gram rate for every karat in Saudi Riyal, refreshed automatically several times a day. 21K is the most traded karat in the Kingdom.
Does the per gram rate include making charges?
No. These are raw metal values before making charges and before VAT. They are the reference figure that shop prices are built on.
How many grams are in a tola?
Exactly 11.6638 grams. The tola remains widely used by South Asian buyers in Saudi Arabia and most shops will quote in both units on request.
For a single karat in depth see the 21K page, or convert between units with the weight converter.