Gold Rate in Riyadh Today — Live Gold Price in SAR
Live 24K, 22K, 21K & 18K gold rates in Riyadh per gram, tola and ounce. Updated every 60 seconds from international spot markets.
As of May 28, 2026, the gold rate in Riyadh, Saudi Arabia (KSA) is 528.60 SAR per gram for 24K pure gold and 484.20 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, 11:53 AM UTC
Gold price today in Riyadh is closely tracked by investors, jewelry buyers, and traders looking for accurate live market updates in Saudi Riyal (SAR). This page provides the latest Riyadh gold rate today, including live 24K, 22K, 21K, and 18K gold prices updated every minute based on international bullion trends and local Saudi Arabia gold price movements. Riyadh is one of the leading gold trading hubs in the region, with markets such as Taiba Gold Market and Riyadh Gold Souq attracting buyers for jewelry, coins, and investment bullion. Many users check the gold price per gram in Riyadh daily to compare rates, track investment trends, and find the best time to buy gold. Our live gold market Riyadh updates help you stay informed with the latest gold prices, market trends, and purity-wise rates instantly.
Riyadh Gold Price — Last 7 Days
24K gold rate in SAR/gram
Al-Zal Gold Market — Riyadh Gold Market Guide
Riyadh's gold market has undergone a structural shift under Saudi Vision 2030 — traditional Al-Zal souk culture coexists with world-class luxury boutiques in Kingdom Centre. No other Saudi city has this dual-market character: you can buy a traditional 21K Omani-style bangle in Al-Batha and a Chopard designer ring in Kingdom Centre on the same afternoon.
Making charges in Riyadh
| Type | Making charge (SAR/gram) |
|---|---|
| Machine-made 22K chains | SAR 6–9/gram |
| Standard 22K bangles/rings | SAR 7–13/gram |
| Handcrafted / bridal sets | SAR 12–20/gram |
| 24K investment bars | SAR 0–6/gram (near zero) |
Higher making charges than Jeddah — fewer competing retailers per zone. Traditional souk pieces: SAR 6–10/gram. Premium mall designs: SAR 12–20/gram. Designer boutiques (Kingdom Centre): SAR 20–35/gram.
Example: 10-gram 22K purchase in Riyadh
Making charge (SAR 6/gram min): 60 SAR
Total before VAT: 4,902.00 SAR
Use the gold calculator below to calculate any weight and purity.
Al-Zal Gold Market
Gold shops in Riyadh
- ● Malabar Gold & Diamonds — Al-Nakheel Mall
- ● Pure Gold Jewellers — multiple Riyadh locations
- ● Dhamani Jewellers — Kingdom Centre
- ● Al-Zal Gold Market traditional traders — Al-Batha
- ● Chopard and Cartier boutiques — Kingdom Centre
Gold Price in Riyadh vs Jeddah
Same base rate; Jeddah's Al-Balad souk typically offers SAR 2–4/gram lower making charges than Riyadh for equivalent designs. Riyadh compensates with greater variety of luxury and designer brands, particularly in Kingdom Centre and Al-Nakheel Mall.
| City | 24K / gram | 22K / gram | Making charge range |
|---|---|---|---|
| Riyadh THIS PAGE | 528.60 SAR | 484.20 SAR | SAR 6–20/g |
| Jeddah | 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.
Gold Price in Riyadh vs India — Is It Worth Buying Here?
For Indian and South Asian expats in Riyadh, 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 Riyadh. Use the full Qatar vs India comparison → for live INR conversion.
How much gold can you carry from Riyadh to India?
| 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 Rate in Riyadh Today
Malabar Gold Riyadh operates from Al-Nakheel Mall. Making charges range SAR 6–14/gram. Malabar's national exchange policy applies across all Saudi branches.
Today's Malabar Gold Riyadh rate: 484.20 SAR/gram for 22K (same national spot rate all licensed retailers use). Making charges are added separately at the counter.
916 Gold Price in Riyadh Today — 22 Carat Rate
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 Riyadh because it balances gold content with the durability needed for everyday wear and jewelry crafting. Today's 916 gold price in Riyadh is 484.20 SAR per gram and 5,647.61 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.
calculate Riyadh Gold Calculator
Add making charges (SAR 6–20/gram) for total retail price.
Gold rate in nearby cities
* Base rate identical across all Saudi Arabia cities — SAR is pegged to USD at 3.75. Retail counter differences reflect making charges only.
Understanding gold prices in Riyadh
Why does the gold rate in Riyadh change daily?
The gold rate in Riyadh 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 Riyadh.
What is VAT on gold in Riyadh?
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 6/gram making charge, VAT = 15% × 60 = 9 SAR — a small addition relative to the gold value.
What is Ujrah — and can I negotiate it?
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-Zal Gold Market, making charges typically range SAR 6–20 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.
Is the gold rate the same across all shops in Riyadh?
The base gold rate is identical across every licensed retailer in Riyadh — 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.
Why trust these rates?
Live spot source
Derived from LBMA/COMEX international spot feeds, updated every 60 seconds.
Fixed peg applied
Converted to SAR at the fixed SAR/USD rate of 3.75.
Base market rate
No markup — same rate shown on gold souq price boards.
Daily historical
Price stored daily for trend analysis and 7-day chart.
