Gold prices in Saudi Arabia remained stable on Sunday morning, December 28, 2025, across all jewelry stores and financial markets in the Kingdom, coinciding with the weekend closure of global stock exchanges. This price stability allows consumers and investors to assess the market before the start of the new trading week, as the precious metal maintained its recent levels without any significant changes.
Details of today's gold prices in Saudi Arabia
Various gold carats recorded price stability according to the latest updates from local markets, and the prices were as follows:
- The price of a gram of 24-karat gold is 546.5 Saudi Riyals. This karat is considered the purest and is commonly used in gold bullion intended for investment and savings due to its near-complete absence of impurities.
- The price of a gram of 22-karat gold: settled at 501 Saudi Riyals.
- The price of a gram of 21-karat gold reached 478.25 Saudi Riyals. This karat is the most traded and popular in Saudi Arabia and the Arab region in general, as it combines investment value with the durability suitable for jewelry making.
- The price of a gram of 18-karat gold: recorded 410 Saudi riyals, which is the preferred karat for gold jewelry with complex designs and colored stones.
- The price of a gram of 14-karat gold reached 318.75 Saudi Riyals.
- The price of a gram of 12-karat gold settled at 273.25 Saudi Riyals.
Prices of gold bars and gold sovereigns
the price of an ounce of gold recorded 17,001.5 riyals, while the price of a gold pound (weighing 8 grams of 21 carats) reached about 3,826.25 riyals, which is a preferred option for small investors who want to preserve the value of their money.
Factors affecting the Saudi gold market
The gold market in Saudi Arabia is closely linked to global price movements, as the precious metal is influenced by several economic and geopolitical factors. Among the most prominent of these factors is the strength of the US dollar, as there is generally an inverse relationship between the dollar's value and gold prices; the stronger the dollar, the lower gold prices tend to be, and vice versa. Oil prices and global political tensions also play a crucial role in driving investors toward gold as a "safe haven" against inflation and economic volatility.
The importance of gold in local culture and economy
Gold holds a special place in Saudi culture, not only as an adornment for special occasions and weddings, but also as a strategic savings vehicle relied upon by families to secure their financial future. The Saudi market is one of the most active in the region, offering a wide variety of locally made and imported jewelry to suit all tastes. Experts always advise monitoring the market regularly and taking advantage of periods of stability or relative price decreases to buy, especially for those aiming for long-term investment, as gold has historically proven its ability to retain its value and appreciate over time.
