Live 24K, 22K, 21K & 18K gold rates in Dammam per gram, tola and ounce. Updated every 60 seconds from international spot markets.
As of May 28, 2026, the gold rate in Dammam, Saudi Arabia (KSA) is 528.53 SAR per gram for 24K pure gold and 484.13 SAR/gram for 22K jewelry gold. Gold has fallen by 0.8% since yesterday. All prices are converted from the international USD spot rate at the fixed SAR/USD peg of 3.75. — Last updated: May 28, 2026, 11:01 AM UTC
24K gold rate in SAR/gram
Dammam is Saudi Arabia's most internationally connected gold market — it serves both the massive South Asian oil-sector expat community and is a regular cross-border shopping destination for Bahraini buyers. On any given weekend, a significant share of buyers at Dammam gold shops have driven over from Manama specifically for gold.
| Type | Making charge (SAR/gram) |
|---|---|
| Machine-made 22K chains | SAR 5–7/gram |
| Standard 22K bangles/rings | SAR 6–10/gram |
| Handcrafted / bridal sets | SAR 9–16/gram |
| 24K investment bars | SAR 0–5/gram (near zero) |
Competitive market driven by large South Asian expat community and regular Bahraini cross-border shoppers. Making charges: SAR 5–8/gram for standard 22K pieces, SAR 10–16/gram for handcrafted or bridal sets.
Use the gold calculator below to calculate any weight and purity.
Dammam is 30 minutes from Bahrain via the King Fahd Causeway. Bahraini buyers regularly cross to Dammam for gold because Bahrain charges 10% VAT on jewelry making charges while Saudi Arabia charges 15% VAT on making charges only. For a 10-gram purchase with SAR 7/gram making charge: Bahrain adds 10% VAT on the full making charge cost; Saudi adds 15% only on making charges — the net difference depends on making charge levels at each retailer.
| City | 24K / gram | 22K / gram | Making charge range |
|---|---|---|---|
| Dammam THIS PAGE | 528.53 SAR | 484.13 SAR | SAR 5–16/g |
| Bahrain | Same base rate | Same base rate | Varies by retailer |
* Base gold rate is identical across all Saudi Arabia cities as SAR is pegged to USD at 3.75. Retail price differences at the counter reflect making charges (Ujrah) only.
For Indian and South Asian expats in Dammam, gold is significantly cheaper here than in India. Saudi Arabia charges zero import duty on gold. India charges 6% import duty and 3% GST — a combined 9% cost that does not exist in Dammam. Use the full Qatar vs India comparison → for live INR conversion.
| Passenger | Allowance | Max value | Condition |
|---|---|---|---|
| Male passenger | 20g jewelry | ₹50,000 | 6+ months abroad |
| Female passenger | 40g jewelry | ₹1,00,000 | 6+ months abroad |
| Gold bars / coins | Not covered — customs duty applies regardless of weight | ||
Always declare gold at Indian customs on arrival. Verify current rules with CBIC before travel.
Malabar Gold Dammam operates from Dhahran Mall. Making charges range SAR 5–13/gram. Popular with Indian expats working in Aramco and the petrochemical sector.
Today's Malabar Gold Dammam rate: 484.13 SAR/gram for 22K (same national spot rate all licensed retailers use). Making charges are added separately at the counter.
The 916 hallmark stamped on jewelry means 22 Karat gold — 91.6% pure gold content. It is the most popular purity among Indian and South Asian buyers in Dammam because it balances gold content with the durability needed for everyday wear and jewelry crafting. Today's 916 gold price in Dammam is 484.13 SAR per gram and 5,646.80 SAR per tola. All licensed retailers in Saudi Arabia are required to stamp the correct hallmark on jewelry — 916 for 22K, 999 for 24K, 875 for 21K, 750 for 18K.
Add making charges (SAR 5–16/gram) for total retail price.
* Base rate identical across all Saudi Arabia cities — SAR is pegged to USD at 3.75. Retail counter differences reflect making charges only.
The gold rate in Dammam moves with the international USD spot price published by the LBMA and COMEX. Since SAR is permanently pegged to the US Dollar at 3.75, every movement in the global gold price translates directly to a movement in the local rate. There are no city-specific or country-specific factors that independently influence the base rate in Dammam.
Investment-grade 24K gold (99%+ purity) is VAT-exempt in Saudi Arabia. Gold jewelry is subject to 15% VAT on the making charges component only — not on the gold value. On a 10-gram 22K piece with SAR 5/gram making charge, VAT = 15% × 50 = 7.5 SAR — a small addition relative to the gold value.
Ujrah is the Arabic term for making charges — the retailer's fee for crafting the jewelry piece. The gold spot rate shown on this page is fixed by international markets and cannot be negotiated. What is negotiable is the Ujrah. At Al-Hamra Gold Market, making charges typically range SAR 5–16 per gram. Larger purchases (above 20 grams) give you stronger negotiating leverage. Knowing today's spot rate — shown above — before entering any shop is the single most important preparation for getting a fair price.
The base gold rate is identical across every licensed retailer in Dammam — all shops convert from the same international USD spot price at the fixed SAR/USD rate of 3.75. What varies between shops is the Ujrah (making charge). This is why comparing making charges across 2–3 retailers before buying is worthwhile, especially for larger purchases.
Derived from LBMA/COMEX international spot feeds, updated every 60 seconds.
Converted to SAR at the fixed SAR/USD rate of 3.75.
No markup — same rate shown on gold souq price boards.
Price stored daily for trend analysis and 7-day chart.