Let’s find out the price of gold today Tuesday, June 2, 2026 in Saudi Arabia. The prices here are all updated from the global market and reflect the price of a gram in its various carats in Saudi Riyals. Whether you’re thinking of buying gold as an investment, a gift, or just following the prices — this article covers all carats.
The price of gold today in Saudi Arabia — live update
The global ounce price (Troy ounce) today is $4,492.70, which is equivalent to 16,847.63 Saudi Riyals. Saudi Arabia has no tax on pure gold (24K) which is considered an investment, but worked gold (21K and 18K) has a 15% value-added tax added to the manufacturing price. The prices below include the basic global price without manufacturing and tax — because manufacturing varies from one store to another.
⚡ Gold prices per carat (gram price)
| Carat | Purity | Gram price (SAR) |
|---|---|---|
| 24 carat | 99.9% | 541.66 SAR |
| 22 carat | 91.7% | 496.52 SAR |
| 21 carat | 87.5% | 473.96 SAR |
| 18 carat | 75.0% | 406.25 SAR |
Bullion and gold pound prices
If you’re thinking of investing in gold, gold bullion is an excellent choice because it has lower manufacturing costs. Here are approximate prices for some bullion:
- 1 kilo bullion (24K): around 541,660 SAR
- 100 gram bullion (24K): around 54,166 SAR
- 10 gram bullion (24K): around 5,417 SAR
- Gold pound (8 grams, 21 carat): around 3,792 SAR
- Quarter tola (5 grams, 21 carat): around 2,370 SAR
The difference between market price and store price
It’s essential to know that the gold price you see in this article is the global market price. The store price, however, differs because it adds:
- Manufacturing cost: the cost of labor and craftsmanship — varies from store to store and from piece to piece
- 15% value-added tax: added to the manufacturing cost (for worked gold), but pure investment gold is exempt from tax
- The difference between buying and selling: the selling price is higher than the buying price, and this difference is the merchant’s profit
💡 Tip: If you’re buying gold as an investment, take 24K bullion — the manufacturing cost is much lower than worked gold.
Gold prices in the Saudi market today
The gold market in Saudi Arabia is one of the oldest in the region. You can buy and follow prices at:
- … (rest of the translation remains the same as the original text, as it was not provided)
- Gold Market in Jeddah (Red Sea)
- Jewelry Market in Riyadh (Al-Batha Street)
- Gold Market in Dammam and Khobar
- Gold Shops in Major Shopping Malls
Frequently Asked Questions About Gold in Saudi Arabia
Is Gold Taxed in Saudi Arabia?
Pure Gold (24K) intended for investment is exempt from VAT. However, processed gold (21K, 18K) is subject to a 15% tax on the craftsmanship only.
Is Today’s Gold Price Suitable for Purchase?
The global gold price is currently stable around $4,492 per ounce. Gold is considered a long-term investment, and it’s best to buy in installments (dollar-cost averaging) rather than investing a lump sum at once.
How Can I Verify the Gold Price at Any Store?
Ask for the today’s gram price (excluding craftsmanship), and check the amount of craftsmanship added by the store. Typically, craftsmanship ranges between 5 to 50 riyals per gram depending on the item. Compare prices at least three stores before making a purchase.
🔔 Important Reminder
Gold prices change daily and sometimes even within the same day based on global market movements. The prices above are specific to Tuesday, June 2, 2026. If you are reading this on a different day, please check for the latest price updates.
