Gold Buy & Sell Prices Today in Saudi Arabia

Buy price is calculated at 18% above raw price, while shop sell-back price is calculated at 1% below spot.

Last updated: October 1, 2026 at 12:00 AM

Karat Price/Gram Buy Price Sell Price Buy/Sell Spread Spread %
24K 501.20 591.42 496.19 95.23 19.20%
22K 459.43 542.13 454.84 87.29 19.20%
21K 438.55 517.49 434.16 83.33 19.20%
18K 375.90 443.56 372.14 71.42 19.20%
14K 292.37 345.00 289.45 55.55 19.20%

SAR / gram

24K
Buy Price 591.42
Sell Price 496.19
22K
Buy Price 542.13
Sell Price 454.84
21K
Buy Price 517.49
Sell Price 434.16
18K
Buy Price 443.56
Sell Price 372.14
14K
Buy Price 345.00
Sell Price 289.45

Understanding the prices

Spot price
The global gold price per gram, derived from the ounce price and FX rate, with no markup added.
Buy from a shop
Spot + 18% (15% VAT + 3% workmanship and operating margin).
Sell used gold to a shop
Spot - 1%; it may be lower if the piece is broken, its karat is unclear, or extra testing is required.

What is your used piece worth?

Calculate used-gold sell-back value by weight and karat

⚠️ These are calculated market averages, not a binding quote from a specific shop. Final prices vary by workmanship, city, item type, and shop policy.

Tips for Buying & Selling Gold

  • Compare prices at multiple shops before buying
  • Ask for a separate breakdown of craftsmanship fees
  • Keep the receipt and karat certificate when purchasing
  • Verify the karat stamp on the gold piece