Saudi Arabia Gold Price
Gram/24K
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GOLD
RATE/SAR
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Gram 24K/SAR
352.63
Bid/Ask: 349.10 / 359.68 |
Gram 22K/SAR
323.24
Bid/Ask: 320.01 / 329.70 |
Gram 21K/SAR
308.55
Bid/Ask: 305.46 / 314.72 |
Ounce/SAR
10966.70
Bid/Ask: 10857.03 / 11186.03 |
Tola/SAR
4113.00
Bid/Ask: 4071.87 / 4195.26 |
KG/SAR
352626.85
Bid/Ask: 349100.58 / 359679.39 |
dwt/SAR
548.40
Bid/Ask: 542.92 / 559.37 |
GOLD
RATE/USD
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Gram 24K/USD
93.97
Bid/Ask: 93.03 / 95.85 |
Gram 22K/USD
86.14
Bid/Ask: 85.28 / 87.86 |
Gram 21K/USD
82.22
Bid/Ask: 81.40 / 83.86 |
Ounce/USD
2922.39
Bid/Ask: 2893.17 / 2980.84 |
Tola/USD
1096.03
Bid/Ask: 1085.07 / 1117.95 |
KG/USD
93967.52
Bid/Ask: 93027.84 / 95846.87 |
dwt/USD
146.14
Bid/Ask: 144.68 / 149.06 |
GOLD
RATE/INR
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Gram 24K/INR
8170.82
Bid/Ask: 8089.11 / 8334.24 |
Gram 22K/INR
7489.92
Bid/Ask: 7415.02 / 7639.72 |
Gram 21K/INR
7149.46
Bid/Ask: 7077.97 / 7292.45 |
Ounce/INR
254112.41
Bid/Ask: 251571.29 / 259194.66 |
Tola/INR
95303.59
Bid/Ask: 94350.55 / 97209.66 |
KG/INR
8170817.10
Bid/Ask: 8089108.93 / 8334233.44 |
dwt/INR
12707.04
Bid/Ask: 12579.97 / 12961.18 |
GOLD
RATE/IDR
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Gram 24K/IDR
1539718.03
Bid/Ask: 1524320.85 / 1570512.39 |
Gram 22K/IDR
1411408.19
Bid/Ask: 1397294.11 / 1439636.35 |
Gram 21K/IDR
1347253.27
Bid/Ask: 1333780.74 / 1374198.34 |
Ounce/IDR
47885230.68
Bid/Ask: 47406378.37 / 48842935.29 |
Tola/IDR
17959117.11
Bid/Ask: 17779525.94 / 18318299.45 |
KG/IDR
1539718028.31
Bid/Ask: 1524320848.03 / 1570512388.88 |
dwt/IDR
2394529.20
Bid/Ask: 2370583.91 / 2442419.78 |
GOLD
RATE/PKR
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Gram 24K/PKR
26295.57
Bid/Ask: 26032.61 / 26821.48 |
Gram 22K/PKR
24104.27
Bid/Ask: 23863.23 / 24586.36 |
Gram 21K/PKR
23008.62
Bid/Ask: 22778.53 / 23468.79 |
Ounce/PKR
817792.17
Bid/Ask: 809614.25 / 834148.01 |
Tola/PKR
306708.88
Bid/Ask: 303641.79 / 312843.06 |
KG/PKR
26295568.29
Bid/Ask: 26032612.61 / 26821479.66 |
dwt/PKR
40894.18
Bid/Ask: 40485.24 / 41712.06 |
GOLD
RATE/BDT
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Gram 24K/BDT
11435.43
Bid/Ask: 11321.08 / 11664.14 |
Gram 22K/BDT
10482.48
Bid/Ask: 10377.66 / 10692.13 |
Gram 21K/BDT
10006.00
Bid/Ask: 9905.94 / 10206.12 |
Ounce/BDT
355641.86
Bid/Ask: 352085.44 / 362754.70 |
Tola/BDT
133381.71
Bid/Ask: 132047.89 / 136049.34 |
KG/BDT
11435429.51
Bid/Ask: 11321075.21 / 11664138.10 |
dwt/BDT
17784.08
Bid/Ask: 17606.24 / 18139.76 |
GOLD
RATE/PHP
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Gram 24K/PHP
5472.91
Bid/Ask: 5418.18 / 5582.37 |
Gram 22K/PHP
5016.84
Bid/Ask: 4966.67 / 5117.18 |
Gram 21K/PHP
4788.80
Bid/Ask: 4740.91 / 4884.58 |
Ounce/PHP
170207.65
Bid/Ask: 168505.57 / 173611.80 |
Tola/PHP
63835.53
Bid/Ask: 63197.17 / 65112.24 |
KG/PHP
5472914.67
Bid/Ask: 5418185.52 / 5582372.96 |
dwt/PHP
8511.33
Bid/Ask: 8426.22 / 8681.56 |
Saudi Arabia and Gold Culture
Gold has always held a special place in Saudi Arabia. Growing up in Riyadh, I remember my grandmother carefully storing her gold bracelets and necklaces in a small wooden box... bringing them out only for weddings or big family gatherings. To us, gold isn’t just a symbol of wealth; it’s a timeless piece of our cultural identity.
Although the Kingdom is famous for its oil reserves, many Saudi families—mine included—look to gold as a second pillar of financial security. From the old bazaars in historic cities to modern shopping districts, gold’s presence feels woven into everyday life in ways that might surprise outsiders.
The Historical Roots of Gold
Long before oil became the main economic driver, Saudi Arabia’s location on ancient trade routes brought caravans from Africa, Asia, and beyond through our deserts. I remember, as a child, hearing about travelers carrying gold and other precious items... and wondering how many hidden treasures they might have. One of the most renowned spots is Mahd Al-Dhahab, often called the “Cradle of Gold.” Even as a kid, I knew our ancestors mined gold here centuries before modern drilling technologies.
Gold’s Role in the Modern Economy
While oil often steals the spotlight, many Saudis still view gold as a reliable hedge against inflation. If you ever visit our bustling gold souqs in Riyadh or Jeddah... you’ll find countless small shops showcasing elaborate necklaces, rings, and bangles. In smaller towns, family-run jewelry businesses—trusted by locals for generations—are a testament to our deep-rooted gold tradition.
When I was younger, my father would occasionally purchase small gold bars or coins and tuck them away for the future, it felt like a secret investment only our family knew about.
Cultural Significance and Social Celebrations
In Saudi culture, gold isn’t about mere price tags—it’s about family bonds and heritage. It’s a common gift at weddings, symbolizing security and prosperity for the new couple. During my own wedding, gold jewelry took center stage; it reminded everyone of our shared history and how traditions pass from one generation to the next.
We also exchange gold gifts on Eid or to celebrate a new baby’s birth. Many families, mine included, hold on to these pieces with great care, they see them as a sign of continuity... and a reminder of where we come from.
Saudi Goldsmithing and Design
If you ever get a chance to visit Deira Gold Souq in Riyadh, you’ll notice a blend of traditional patterns and modern aesthetics. Saudi goldsmiths have honed their craft by merging ancient motifs—like intricate filigree or arabesque designs—with sleek, contemporary styles that appeal to younger tastes.
Some jewelers focus on reviving old methods, hand-engraving pieces with calligraphic verses or symbols from our regional heritage. My aunt, for instance, still favors the classic “Asir-style” designs she grew up with, while my cousins prefer more minimalist, global trends.
Gold Investment and Local Markets
In this era of global finance, gold prices in Saudi Arabia often reflect international market fluctuations. Friends and relatives of mine consult financial advisers before making large gold purchases—closely monitoring factors like currency exchange rates or geopolitical events. Some buy a single bar; others invest more heavily, always looking for a stable foundation to pass down to their children.
The convenience of gold souqs means anyone—from the seasoned investor to the casual shopper—can find exactly what they’re looking for. A cousin of mine started with just a few small gold coins she bought on impulse, yet over time, built a modest but meaningful portfolio.
Mining and Production in a Diversifying Economy
With Saudi Arabia actively diversifying its economy, the mining sector has gained renewed attention. Modern technologies help us extract and refine gold more efficiently, creating new opportunities in local mining regions. A few university friends decided to study geology, drawn by the chance to contribute to a future where gold plays an even bigger role alongside oil.
It’s inspiring to see our natural resources—be it oil, gold, or other minerals—support a more balanced, sustainable economy for the generations to come.
Conclusion
For many Saudis, gold is far more than a metal you buy and sell—it’s a meaningful link between past and future. Each piece of jewelry or bar of gold, whether handed down as a wedding gift or bought as an investment, carries the weight of heritage and family pride.
Staying informed about gold’s trends and prices isn’t just a financial move... it’s also about embracing a cornerstone of our cultural narrative. If you’d like to learn more, I encourage you to visit our website or explore a local souq; you might just find a piece of gold that tells a story spanning centuries, reflecting a heritage you can truly feel.
To remain informed about the latest gold trends, prices, and market analyses, we encourage you to visit our website regularly. The more you understand about gold’s place in Saudi Arabia, the better equipped you’ll be to appreciate not only its value, but also its enduring cultural significance.