Live Riyadh gold price in SAR — 22K, 24K, 21K · Updated: Loading...
The Saudi Arabia, especially Riyadh, is one of the world's largest gold trading hubs. Riyadh's gold souk sells gold at prices very close to international spot rates because the Saudi Arabia imposes zero import duty on gold — compared to India's 6%+ import duty.
Gold in Saudi Arabia is priced in SAR (Saudi Arabia Dirham). The SAR is pegged to USD at 3.6725 SAR per dollar, making Saudi Arabia gold prices very stable relative to international markets.
Popular karats in Saudi Arabia: 24K (pure), 22K (hallmark), 21K (common in Middle East jewellery), and 18K. The Riyadh Gold & Commodities Exchange (DGCX) sets the benchmark prices.