Gold Rate in Saudi Arabia for October 2022

Gold Rate in Saudi Arabia for 9 March 2022

In Saudi Arabia, today’s gold rate is SAR 2,772.84 for 24k per tola (last updated: October 2022).

As a result, the rate for 24 karat/gram decreased to 237.72 SAR from 232.17 SAR on the previous day.

On the other hand, the price of 22 karat gold fell to SAR 217.91 from the previous day’s SAR 212.82.

Gold Rate in Saudi Arabia

Rate of 22-carat gold

The lowest 22-carat  in Saudi Arabia retail market per gramme was SAR 214.00 on the 13 of March 2021, while the highest 22-carat market gold price in Saudi Arabia per gramme was SAR 225.00 on the 11th of January 2021. The current market price of 22-carat gold in Saudi Arabia is SAR 214.00 per gramme.

The Price of 24 Karat Gold

The highest 24-carat market gold price in Saudi Arabia per gramme in the last 7 days was SAR 232.00 on October 2022, while the lowest 24-carat market gold price in Saudi Arabia per gramme was SAR 243.00 on the 06th of January 2021. Today, 24-carat gold is the most popular choice.

Current Gold Rate in Saudi Arabia

Today’s 22-carat gold price per gramme in Saudi Arabia is SAR 214.00.00, today’s 24-carat gold rate per gramme in Saudi Arabia is SAR 232.00, today’s 18-carat gold rate per gramme in Saudi Arabia is SAR 136.00, and today’s 18-carat gold rate per gramme in Saudi Arabia is SAR 136.00.

 Yesterday’s gold Rate in Saudi Arabia

Yesterday, the price of 22 carat gold per gramme in Saudi Arabia was SAR 214.00.00. while the price of 24 carat gold per gramme was SAR 232.00. The price of 18 Karat gold per gramme in Saudi Arabia was SAR 136.00.

In the recent three months, the highest and lowest gold rate in Saudi Arabia

Do you know that the lowest 22-carat gold rate in Saudi Arabia per gramme in the previous three months was SAR 206.00 on November 30th, 2020, and the highest 22-carat market gold price in Saudi Arabia per gramme was SAR 214.00 on November 09th, 2020? The current market price of 22-carat gold in Saudi Arabia is SAR 214.00 per gramme.

 Cost of  Gold bars, Biscuits, and Coins

In Saudi Arabia, a 1 ounce 24 carat (99.9%) gold bar costs SAR 7216.01, while a 1 sovereign 24 carat (99.9%) gold rate costs SAR 1,856.00. In Saudi Arabia, 1 kilogramme of pure gold bar (99.9% purity) costs Rs 4935000.00, while 10 tolas of pure gold biscuit (99.9% purity) cost Rs 575608.72.

Types of gold hallmarks in Saudi Arabian jewellery shops

Most of the hallmarked gold sold in Saudi Arabia is 9-carat gold, 585-carat gold, 750-carat gold, 916-carat gold, 958-carat gold, and 999-carat gold (24-carat gold).).

Different gold carats available in Saudi Arabia

In jewellery, “gold carat” (CT) or “karat” (KT or K) refers to the fineness of gold. There are various carats of gold sold in Saudi Arabia, including

24-carat gold (pure gold),

23-carat gold

22-carat gold (standard gold)

21-carat gold

20-carat gold

19-carat gold

18-carat gold

17-carat gold

16-carat gold

15-carat gold

14-carat gold

13-carat gold

12-carat gold

11-carat gold

10-carat gold

9-carat gold.