Live 24K, 22K, 21K & 18K gold rates in Jeddah per gram, tola and ounce. Updated every 60 seconds from international spot markets.
As of May 28, 2026, the gold rate in Jeddah, Saudi Arabia (KSA) is 544.24 SAR per gram for 24K pure gold and 498.53 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, 6:07 PM UTC
24K gold rate in SAR/gram
Al-Balad gold souk is Saudi Arabia's oldest functioning gold market, located inside a UNESCO World Heritage Site. The narrow lanes of the historic district house hundreds of competing retailers — making Jeddah the most price-competitive city for gold jewelry in the Kingdom.
| Type | Making charge (SAR/gram) |
|---|---|
| Machine-made 22K chains | SAR 4–6/gram |
| Standard 22K bangles/rings | SAR 5–9/gram |
| Handcrafted / bridal sets | SAR 9–15/gram |
| 24K investment bars | SAR 0–4/gram (near zero) |
Most competitive making charges in Saudi Arabia — high retailer density drives prices down. Machine-made 22K chains start from SAR 4/gram; handcrafted bridal sets reach SAR 15/gram.
Use the gold calculator below to calculate any weight and purity.
The base gold rate is identical in both cities — SAR is pegged to USD at 3.75. However, making charges at Jeddah's Al-Balad souk are typically SAR 2–4/gram lower than equivalent designs in Riyadh due to higher retailer competition density.
| City | 24K / gram | 22K / gram | Making charge range |
|---|---|---|---|
| Jeddah THIS PAGE | 544.24 SAR | 498.53 SAR | SAR 4–15/g |
| Riyadh | 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 Jeddah, 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 Jeddah. 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 operates two outlets in Jeddah — Al-Andalus Mall and Red Sea Mall. Both price at the same national spot rate. Making charges range SAR 5–12/gram depending on design. Malabar's exchange policy works across all Saudi and GCC stores.
Today's Malabar Gold Jeddah rate: 498.53 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 Jeddah because it balances gold content with the durability needed for everyday wear and jewelry crafting. Today's 916 gold price in Jeddah is 498.53 SAR per gram and 5,814.75 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 4–15/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 Jeddah 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 Jeddah.
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 4/gram making charge, VAT = 15% × 40 = 6 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-Balad Gold Souk, making charges typically range SAR 4–15 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 Jeddah — 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.