❓ Q: How do I calculate the value of gold when buying?
A: The price of the piece = (the price of the gram of the carat × the weight of the piece) + the craftsmanship. Example: A 21-carat ring weighing 5 grams = (472.63 × 5) + the craftsmanship.
❓ Q: Is the price of gold uniform in all Saudi shops?
A: The price of raw gold is uniform according to the carat, but the difference is in the craftsmanship and manufacturing fees. Therefore, the final price differs from one shop to another.
❓ Q: Is the time to buy gold suitable for long-term savings?
A: Yes, gold is a safe haven and is considered one of the best means of saving in the long term. It is recommended to buy bullions instead of ornaments because of the low craftsmanship.
📊 Price source: Global gold market data — livepriceofgold.com — Update date: 1 June 2026. Prices are subject to change throughout the day.
🔔 Follow us daily to know the latest gold prices in the Kingdom of Saudi Arabia.
📈 We present to you today the latest gold prices in Saudi Arabia for Monday, June 1, 2026. Gold is one of the most followed commodities in the Kingdom, whether for savings, jewelry, or investment. We display the prices moment by moment for all carats traded in the Saudi market.
Who it concerns: Investors, prospective buyers, savers
Where it takes place: At licensed gold and jewelry shops in the Kingdom
How much it costs: Starting from 405 riyals per gram for 18-carat gold up to 540 riyals per gram for 24-carat gold
When: Prices are subject to daily change according to global market movements
💡 Info: The global gold price today is $4,476 per ounce, down 1.42% from the previous session
Gold prices today in Saudi Arabia — Monday, June 1, 2026
| Carat | Purity | Price per gram (Saudi Riyal) |
|---|---|---|
| 24-carat | 99.99% | 540.15 riyals |
| 22-carat | 91.67% | 495.15 riyals |
| 21-carat | 87.50% | 472.63 riyals |
| 18-carat | 75.00% | 405.11 riyals |
Price of the ounce and kilogram today
| Unit | Price in Riyals |
|---|---|
| Ounce (1 ounce) | 16,798.57 riyals |
| Kilogram (1000 grams) | 540,150 riyals |
| Tola | 6,300.17 riyals |
Gold price globally
The global gold price today is $4,476.38 per ounce, down 1.42%. The highest price during the day was $4,545.13, and the lowest was $4,449.35. These global movements directly affect prices in the Kingdom.
Factors affecting gold prices this week
- Movement of the US dollar and its inverse effect on gold
- Global economic outlook and Federal Reserve movements
- Seasonal demand in Gulf markets with the approach of summer
- Interest rates and their reflection on the attractiveness of gold as a safe haven
- Geopolitical stability in the Middle East
Tips before buying gold
- Compare prices between multiple shops before purchasing — craftsmanship fees vary from one shop to another
- Ask about craftsmanship — the price of raw gold does not include craftsmanship; ask about manufacturing fees before purchasing
- Buy bullion for savings — if you are investing, gold bullion is better than jewelry as craftsmanship fees are lower
- Follow the global price — gold prices change daily; follow our daily bulletin to know the best time to buy
- Take the receipt — make sure to get a receipt that includes the carat, weight, price, and craftsmanship
❓ Q: How do I calculate the value of gold when buying?
A: The price of the piece = (the price of the gram of the carat × the weight of the piece) + the craftsmanship. Example: A 21-carat ring weighing 5 grams = (472.63 × 5) + the craftsmanship.
❓ Q: Is the price of gold uniform in all Saudi shops?
A: The price of raw gold is uniform according to the carat, but the difference is in the craftsmanship and manufacturing fees. Therefore, the final price differs from one shop to another.
❓ Q: Is the time to buy gold suitable for long-term savings?
A: Yes, gold is a safe haven and is considered one of the best means of saving in the long term. It is recommended to buy bullions instead of ornaments because of the low craftsmanship.
📊 Price source: Global gold market data — livepriceofgold.com — Update date: 1 June 2026. Prices are subject to change throughout the day.
🔔 Follow us daily to know the latest gold prices in the Kingdom of Saudi Arabia.
