24K gold is the purest form of gold available commercially — 99.9% pure with no alloys. Preferred for investment bars, coins, and bullion across the GCC.
schedule
Last Updated: May 9, 2026, 12:01 AM UTC
24K USD/g
$152.01
▲ +0.62 USD (+0.41%)
As of today, May 9, 2026, the live 24K gold price stands at $152.01 USD per gram internationally. In Saudi Arabia it is 570.04 SAR/g and 557.88 AED/g in the UAE. 24K gold has risen by 0.41% since yesterday. All GCC prices below are updated in real-time using fixed USD peg rates.
24K gold is the purest form of gold available commercially — 99.9% pure with no alloys. Preferred for investment bars, coins, and bullion across the GCC. 24K gold purity is expressed as 99.9% — a globally recognised standard.
In the GCC region, 24K gold is the preferred investment grade. It is available as gold bars (TT bars), coins, and biscuits at all major gold souqs and bank bullion desks. Because it is free from alloys, it possesses the iconic bright yellow colour and maximum weight per gram.
Why Invest in 24K Gold?
Maximum Purity: You get the highest concentration of gold per gram.
Global Liquidity: 24K bars are recognised and tradeable in any market worldwide.
Wealth Protection: Acts as a hedge against inflation and currency fluctuations.
VAT Exempt: Investment gold is VAT-exempt in Saudi Arabia and UAE.
Market Insights
bar_chart
24K vs 22K: Which is better for investment?
A breakdown of resale value, making charges, and purity premiums across GCC markets.
verified
How to identify hallmarked 24K gold
Learn the symbols and LBMA certifications that guarantee your gold purity.
24K Gold FAQ
24K gold is 99.9% pure gold with no alloy metals added. It is the highest purity commercially available, recognised internationally by LBMA standards for bullion trading.
24K gold is the standard investment grade across Saudi Arabia, UAE, Qatar, Kuwait, Oman and Bahrain. It is available as bars, coins, and TT bars. Its high purity makes it the most liquid form for resale.
24K gold is extremely soft (2.5 on the Mohs scale) and scratches easily, making it impractical for everyday jewelry. Jewelers typically use 22K or 21K, which are harder due to added alloys.
The 24K price is derived from the international USD spot price and converted using each country's fixed USD exchange rate — SAR at 3.75, AED at 3.67, QAR at 3.64, KWD at 0.31, OMR at 0.385, and BHD at 0.376.
Yes. Investment-grade 24K gold (bars and coins with 99%+ purity) is exempt from VAT in both Saudi Arabia and the UAE under GCC investment gold exemption rules.