📉 Gold prices in Saudi Arabia fell today Saturday, May 30, 2026 compared to the previous day, with the price of a gram of 24-karat gold dropping to 564 riyals after being 567 riyals on Friday. We review for you the latest gold prices for all circulating calibers in the Kingdom — 24, 22, 21, and 18 — in addition to the global ounce price.
Who is concerned: Investors and individuals wishing to buy or sell gold
Source: Global gold market — Gold Spot Price + local goldsmithing prices
Global ounce price: around $4,538
Last update: Saturday, May 30, 2026 — 8:00 PM Saudi time
💡 Information: Gold prices in Saudi Arabia are directly linked to the global ounce price and the dollar exchange rate against the riyal
Gold prices today in Saudi Arabia — Saturday, May 30, 2026
| Caliber | Gram price (Saudi riyal) | Change from yesterday |
|---|---|---|
| 24K | 564.00 riyals | ▾ -3.00 riyals |
| 22K | 515.00 riyals | ▾ -3.00 riyals |
| 21K | 492.00 riyals | ▾ -2.00 riyals |
| 18K | 421.00 riyals | ▾ -3.00 riyals |
📌 Important note: The prices above are for raw gold (market price). Manufacturing costs, taxes, and profit margins are added to them in gold shops. The final price varies from one shop to another.
Global gold price — Ounce and dollar
The global gold ounce (ounce) recorded around $4,538 today, with a rise of +2.08% during the week. The current global price is relatively stable despite geopolitical tensions and dollar movements in global markets.
- Ounce price: $4,538 (~17,018 Saudi riyals)
- Kilo gold price (24K): around 564,000 Saudi riyals
- Half kilo price: around 282,000 Saudi riyals
Why do gold prices differ from day to day?
Gold prices in Saudi Arabia are linked to the global gold price (London Spot Price) in US dollars. Any change in the dollar price or global economic events moves the prices. The most important factors affecting them:
- US interest rate — the higher the interest rate, the lower the gold price and vice versa
- Global inflation — gold is a safe haven in times of inflation
- Geopolitical tensions — wars and crises raise the demand for gold
- Dollar movements — a weak dollar raises the gold price
- Local demand — wedding seasons and holidays increase demand in Saudi Arabia
The difference between market price and shop price
When you go to buy gold from gold shops, you will notice that the price is higher than what we mention here. The reason is simple:
- Manufacturing: the cost of operating and manufacturing the piece — varies according to design and brand
- Tax: added to the market price
- 15% VAT is added to the price of worked gold (not raw gold/bars)
- Raw gold (bars): Tax-exempt — suitable for investors
- Worked gold (jewelry): 15% VAT is added
💡 Tip: If you want to buy gold for investment, it’s best to buy bars or gold coins (tax-exempt). If you want a gift or to wear, gold jewelry is your choice.
Today’s Gold Bar Prices
| Weight | Approximate Price (SAR) |
|---|---|
| 1 gram | 564 SAR |
| 5 grams | 2,820 SAR |
| 10 grams | 5,640 SAR |
| 20 grams | 11,280 SAR |
| 50 grams | 28,200 SAR |
| 100 grams | 56,400 SAR |
| 1 kilo | 564,000 SAR |
Frequently Asked Questions About Gold Prices
Is today’s gold price good for buying?
Gold is currently close to its all-time highs. If you’re thinking of long-term investment, now is a good time to build your portfolio. However, if you’re looking for quick speculation, it’s best to monitor the market a bit and place a limit order.
How do I calculate the price of gold at any store?
Take the price of the raw gram for the carat you want from the table above, and ask the store about the craftsmanship value (usually written on the piece or calculated by the jeweler). Then, 15% VAT is added.
Why is the price of 22-carat gold less than 24-carat?
The lower the carat, the lower the percentage of pure gold in the piece. 24-carat gold is 99.9% pure, 22-carat gold contains 91.7% gold, and 21-carat gold contains 87.5% gold. This is why lower carats are cheaper.
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📊 Data Source: Gulf News Gold Forex — Last updated May 30, 2026. Prices are subject to change throughout the day according to global market movements.
