Gold prices in Saudi Arabia witnessed a noticeable stability at the start of trading on Sunday, January 25, 2026, in the gold and jewelry markets, coinciding with the weekend closure of global stock exchanges. This stability follows a period of fluctuation in the price of the precious metal globally, which directly impacted the local market in Saudi Arabia. Investors and consumers are awaiting the opening of global markets tomorrow to determine new price trends.
Details of today's gold prices in Saudi Arabia
According to the latest updates from the gold markets in the Kingdom, the prices of different carats are as follows:
- The price of a gram of 24-karat gold was 600.75 Saudi Riyals. This karat is considered the purest and is commonly used in gold bullion for investment and savings.
- The price of a gram of 22-karat gold: settled at 550.75 Saudi Riyals.
- The price of a gram of 21-karat gold reached 525.75 Saudi riyals. This karat is the most sought-after and traded in the Saudi market for decorative and jewelry purposes due to its balance between price and durability.
- The price of a gram of 18-karat gold: recorded 450.5 Saudi Riyals, which is the preferred karat for gold jewelry with complex designs and gemstones.
- The price of a gram of 14-karat gold reached 350.5 Saudi Riyals.
- The price of a gram of 12-karat gold: settled at 300.25 Saudi Riyals.
Prices of gold bars and gold sovereigns
Regarding larger gold weights, the price of an ounce of gold in Saudi Arabia today recorded 18,685 riyals, while the price of a gold pound (8 grams of 21 carats) recorded a value of 4,205.25 Saudi riyals, which is a preferred option for small investors who want to preserve the value of their savings.
Factors affecting the Saudi gold market
The price of gold in Saudi Arabia is closely linked to the global price per ounce in US dollars, in addition to local supply and demand factors. Historically, gold has been considered a safe haven for investors and individuals during periods of economic uncertainty or geopolitical tensions, as the precious metal maintains its purchasing power compared to paper currencies that can be affected by inflation.
Oil prices and the strength of the US dollar play a pivotal role in determining the cost of gold within the Kingdom; there is often an inverse relationship between the dollar's strength and the global price of gold. Furthermore, social and wedding seasons in the Kingdom typically increase demand for gold jewelry, particularly 21-karat and 18-karat gold, which can lead to slight fluctuations in local prices that sometimes differ from the global raw price due to the added "craftsmanship" fee.
Economic experts always advise diversifying the investment portfolio, as it is recommended to allocate a portion of savings in gold bullion (24 carat) for long-term savers, while gold jewelry is seen as both an adornment and a store of value, bearing in mind that the cost of manufacturing may affect the investment return upon resale.
