Gold price in KSA

Welcome to the gold price in KSA (Saudi Arabia). The information on gold is routinely acquired from the main markets around the clock, seven days a week.

Gold Price in KSA today

Purity	Rate
24 Carat	222.91 SAR
22 Carat	204.34 SAR
21 Carat	195.05 SAR
18 Carat	167.19 SAR
Ounce	6933.42 SAR

Gold Price in SAR and USD

Purity	SAR	USD
24K Gold per Gram	222.91	59.44
23K Gold per Gram	213.63	56.96
22K Gold per Gram	204.34	54.48
21K Gold per Gram	195.05	52.01
18K Gold per Gram	167.19	44.58
16K Gold per Gram	148.61	39.62
14K Gold per Gram	130.03	34.67
12K Gold per Gram	111.46	29.72
10K Gold per Gram	92.88	24.76
9K Gold per Gram	83.59	22.29
8K Gold per Gram	74.3	19.81
6K Gold per Gram	55.73	14.86
Ounce Gold	6933.42	1848.65
Kilogram Gold	222914.77	59435.6

Gold Bar Price in Saudi Arabia

Weight	Price
0.5 gram	111.46 Saudi Riyal
1 gram	222.91 Saudi Riyal
2 gram	445.83 Saudi Riyal
2.5 gram	557.29 Saudi Riyal
5 gram	1114.57 Saudi Riyal
10 gram	2229.15 Saudi Riyal
20 gram	4458.3 Saudi Riyal
31.5 gram	6932.65 Saudi Riyal
40 gram	8916.59 Saudi Riyal
50 gram	11145.74 Saudi Riyal
100 gram	22291.48 Saudi Riyal

we present a number of charts of 22-karat gold priced in Saudi Riyal (SAR), which will enable you to monitor the price information for a range of different periods (e.g., Weekly, Monthly, Yearly, and Historical).
This article discusses 22-karat gold, which has a purity of 91.67 percent and is often referred to as 916 gold (or stamped with that designation). In addition, you can get the most current information on the price of gold in any currency, unit (or weight), and quantity of gold. The price of gold is updated every minute, but the rate of SAR is updated every hour.

Gold Price in Saudi Arabia

In its legal capacity, Saudi Arabia is referred to as the Kingdom of Saudi Arabia. This nation takes up the lion’s share of the Arabian Peninsula. The Kingdom of Saudi Arabia is one of Asia’s most populous and extensive nations. Approximately 830,000 square miles of land make up this region. Riyadh, the largest city in the kingdom, serves as the nation’s capital, and Arabic is recognized as the primary language spoken. The kingdom of Saudi Arabia is ruled by an absolute Islamic monarchy that is unitary. 1932 marked the beginning of the reign of this kingdom. In addition to having the world’s highest oil production and export rates, this nation is home to over 33 million people.

The Saudi Riyal is the currency that is used legally across the nation. Like many other currencies globally, the Riyal may be subdivided into one hundred smaller units referred to as halals. Since the country of Saudi Arabia was established, the Riyal has served as its official currency. The Riyal’s value was pegged to the International Monetary Fund’s Special Drawing Rights (SDR) in the middle of the 1980s. In actual transactions, the value of one Riyal was equivalent to.266667 dollars, which meant that the Riyal was pegged to the dollar. This rate was adopted as the standard official rate in the year 2003.

Reduction in Interest Rates and gold price in KSA

Following a reduction in interest rates by the Federal Reserve of the United States in 2007, the Saudi Riyal momentarily achieved its best level versus the dollar in the previous 20 years. On the other hand, the Saudi monetary authority refrained from taking this action because they feared that it would lead to more inflation and a decline in the value of their currency. However, after a few months, the Riyal resumed its previous relationship with the dollar.

The Riyal is managed by the Saudi Arabian Monetary Authority, which serves as the country’s central bank. Before it was established in 1952, the central bank was known by its previous name, the Saudi Arabian Monetary Agency. Riyadh, the nation’s capital, is also home to the country’s central bank. Its primary function is to maintain the currency’s value, but it also plays a significant role in various other areas. In addition to other responsibilities, the central bank controls the commercial banks and the country’s foreign currency reserves. Additionally, it helps to maintain pricing stability.

You may check the current price of gold in Saudi Arabia in Saudi Arabian riyals if you are interested in purchasing gold there. The United States dollar, the Great British pound, the euro, or the Japanese yen are some of the currencies that may be used to express a quote. The price of gold is often described in terms of the ounce, gram, or kilo; however, various regions of the globe may use a variety of other units of measurement.

The Saudi economy is the biggest in the Arab world, and a significant portion of it is based on the sale and production of oil. The nation is the world’s most important oil exporter and has the second-largest proven oil reserves. The country also has a substantial quantity of natural gas, and the value of its natural resources is regarded as among the world’s highest.

Aside from oil, the nation is active in a wide variety of other sectors, including construction, ammonia production, ship repair, metallurgy, plastics, cement, and construction, to name a few. The nation has trace quantities of minerals, including gold, silver, iron, copper, zinc, and others. Additionally, the government has a real estate industry that is expanding at a rapid rate.

You can purchase gold in bullion bars, collectible coins, or even jewelry if you are interested in doing so in Saudi Arabia. Due to the fact that they have the lowest total premiums per ounce, purchasing bullion bars are often the most cost-effective method for purchasing as many ounces as possible.

Gold Price in Saudia Arabia Today

One gram gold price in Saudi Arabia today costs 222.91 SAR (Saudi Riyal). The price of gold varies throughout all of Saudi Arabia’s cities.

Updated gold prices in KSA

Even in Saudi Arabia, gold prices are subject to almost daily swings in either direction. Find out how much 18 carats, 20 karat, 21 karats, and 22 karat gold are now selling in Saudi Arabia and the current price of gold overall. These figures are shown in single Saudi Riyal units of one tola, one gram, and ten grams, respectively. Every day, Live Rates are provided by the regional gold and bullion markets in Saudi Arabia.

Gold Rates Saudi Arabia

You can find live international gold rates in Saudi Arabia at 24K/ounce US$ Dollar, and its converted prices in gold 24K per 10 gram and gold 22K per 10 gram.
In addition, we provide a variety of gold price of ksa 22K g charts. What is the going rate for gold, 22 carats in Saudi Arabia?
Gold Price in Saudi Arabia Today for one gram of 22-karat gold in Saudi Arabia is now 204.34 Saudi Riyals (SAR). For more information of Saudi gold rate today please refer to the charts provided.