Gold prices in Saudi Arabia fell today, Wednesday, May 27, 2026, by nearly 2% compared to yesterday, with the global ounce dropping to $4,433. Here, we present the latest gold prices in the Kingdom for all carats — 24, 22, 21, and 18 — in Saudi Riyal, and whether this is a good time to buy or not.
Gold Prices Today in Saudi Arabia (May 27, 2026)
According to the latest update from the global gold exchange, the ounce recorded 16,586.12 Saudi Riyals, a drop of 320 Riyals from yesterday. Here are the prices for all carats:
| Carat | Price per Gram (SAR) | Price per Ounce (SAR) |
|---|---|---|
| 24 Carat | 533.32 | 16,586.12 |
| 22 Carat | 488.52 | 15,192.89 |
| 21 Carat | 466.65 | 14,512.86 |
| 18 Carat | 399.99 | 12,439.59 |
Why Did Prices Drop Today?
Gold prices in Saudi Arabia are linked to the global ounce price in US dollars (XAU/USD) + the exchange rate of the Riyal against the dollar. Today, gold prices globally fell by 1.89% — from 16,771 Riyals yesterday to 16,586 Riyals today. The main reasons:
• Strength of the US dollar against other currencies
• Markets awaiting new US inflation data
• Profit-taking after gold rose more than 34% over the past year
Keep in mind: Fluctuations are normal in gold markets, and declines are considered buying opportunities for investors.
Price of Gold Bars Today
- 10-gram bar (24 carat): 5,333 Riyals
- 20-gram bar (24 carat): 10,665 Riyals
- 50-gram bar (24 carat): 26,662 Riyals
- Kilogram of gold (24 carat): 533,244 Riyals
24-carat bars are best for investment because their manufacturing costs are very low compared to gold jewelry.
21 Carat — The Most Popular in Saudi Arabia
21 carat is the most popular in the Saudi market for gold jewelry and worked gold (wedding gifts, occasions). Its price today is 466.65 Riyals per gram. However, in stores, the final price varies depending on:
• Manufacturing costs — the jeweler’s fee (varies from store to store)
• 15% VAT — added only to manufacturing costs, not to the raw gold price
• Imported jewelry has higher manufacturing costs than local
Gold in Saudi Arabia — Is There a Tax?
Investment gold (bars and gold coins of 24 carat with purity of 99% or higher) is exempt from VAT. However, gold jewelry (worked gold) is subject to a 15% tax on the manufacturing value, not on the gold price itself.
Gold Prices Over the Past 30 Days
| Date | Ounce (SAR) | Change |
|---|---|---|
| May 27, 2026 | 16,586 | -1.11% |
| May 26, 2026 | 16,771 | -1.80% |
| 25 مايو 2026 | 17,078 | +1.11% |
| 22 مايو 2026 | 16,987 | -0.45% |
| قمة 30 يوم | 17,840 | — |
| أدنى 30 يوم | 16,586 | — |
We note that gold has lost around 1,200 riyals from its peak during the last month — a notable decline worth following.
Frequently Asked Questions about Gold in Saudi Arabia
Is the time of gold’s decline suitable for buying?
Many investors buy during declines. Gold has risen 34% in the last 12 months, and the current decline may be an opportunity. However, gold is a turbulent world; do not enter with an amount you can afford to lose.
Should I buy bullions or jewelry?
For long-term investment: bullions (less manufactured, higher liquidity). For gifts and wear: 21-carat jewelry.
How do I know the current gold price?
You can follow prices on the XE app or Google Finance or specialized sites like goldrate24.com. And be sure to follow our updates on toly.today.
Note: The prices mentioned here are the market price for raw gold (spot price) and do not include manufacturing or value-added tax. The final price varies according to the location and city.
