Gold prices in Saudi Arabia remained relatively stable at the start of trading on Sunday, January 4, 2026, coinciding with the weekend closure of global stock exchanges. This resulted in a slowdown in buying and selling activity in the Kingdom's gold markets. Investors and consumers are awaiting the opening of global markets tomorrow to determine the direction of the precious metal.
Gold price list today in Saudi Arabia
In the following lines, we present to you a real-time and detailed update of gold prices in various carats, according to the latest data issued by the Saudi gold market:
- The price of a gram of 24-karat gold was recorded at 522.25 Saudi Riyals. This karat is considered the most common and widely used in investment and savings bullion due to its near-purity.
- The price of a gram of 22-karat gold: settled at 478.75 Saudi Riyals.
- The price of a gram of 21-karat gold reached 457 Saudi riyals. This karat is the most traded and popular in Saudi Arabia for decorative and jewelry purposes, due to its balance between price and durability.
- The price of a gram of 18-karat gold: recorded 391.75 Saudi Riyals, which is the preferred karat for delicate and complex gold jewelry.
- The price of a gram of 14-karat gold reached 304.5 Saudi Riyals.
- The price of a gram of 12-karat gold: recorded 261 Saudi Riyals.
Prices of gold bars and gold sovereigns
For larger investments, prices recorded the following values:
- The price of an ounce of gold is 16241.5 Saudi Riyals.
- The price of a gold pound is 3655.25 Saudi Riyals.
The importance of gold as a safe haven and its economic impact
Gold holds a strategic position in the Saudi economy, not only as an adornment but also as a key investment tool and a safe haven for individuals and institutions seeking to preserve the value of their wealth, particularly amidst global economic volatility. Local prices in the Kingdom are directly affected by the price of an ounce of gold on the global market, as well as the exchange rate of the US dollar against the Saudi riyal.
Prices typically stabilize locally on Sundays due to the closure of global stock exchanges (such as the New York and London stock exchanges), resulting in prices reflecting the last global close. Experts always advise monitoring real-time updates, as gold is highly sensitive to economic news, such as interest rate decisions by major central banks and geopolitical tensions, which can drive investors toward the precious metal.
The 21-karat gold standard is considered the main indicator of market movement in Saudi Arabia and the Arab region in general, as it is used to measure the actual demand from consumers, while the 24-karat gold standard reflects the trends of investors who wish to buy bullion to secure their savings in the long term.
