Gold price in Saudi Arabia today Saturday 26/09/2026

Date: Saturday 26/09/2026

Welcome to Amtalek's daily gold market update for Saudi Arabia. As we step into Saturday, September 26, 2026, the gold market in the Kingdom continues to reflect a blend of global economic sentiments and local demand dynamics. Understanding the nuances of gold pricing is crucial for investors and consumers alike, whether for investment purposes, jewelry purchases, or as a safe-haven asset. This report provides a comprehensive overview of today's gold prices across various karats and units, alongside an analysis of the key factors influencing these valuations and a forward-looking forecast for the precious metal.

Today's prices indicate a steady, albeit sensitive, market environment. Gold, often perceived as a barometer of economic health and geopolitical stability, is currently navigating a complex landscape of international financial policies and regional consumer trends. Amtalek is committed to providing accurate and timely information to help you make informed decisions in the vibrant Saudi Arabian gold market.

Global Gold Ounce Price Today

The global gold market sets the foundational price for the precious metal, with the ounce price being the primary benchmark. Today, the international price of gold stands at $4,286.20 per ounce. This figure is critical as it directly influences local prices, especially given the Saudi Riyal's peg to the US Dollar. In the Saudi Arabian market, this translates to an impressive 16,085.48 SAR per ounce.

This global valuation is a reflection of numerous international economic indicators, including the strength of the US dollar, prevailing interest rates set by major central banks, and the overall sentiment towards risk assets. A stronger dollar typically makes gold more expensive for holders of other currencies, potentially dampening demand, while economic uncertainties often bolster gold's appeal as a safe haven. Today's ounce price suggests a market that is absorbing recent economic data, with investors carefully weighing inflation concerns against potential growth slowdowns.

سعر أونصة الذهب العالمي

الوحدة	السعر بالدولار	السعر بالريال السعودي
أونصة الذهب (31.1 جرام)	$ 4,286.20	16,085.48 ر.س

سعر جرام الذهب في السعودية حسب العيار

الوحدة (حسب العيار)	السعر بالريال السعودي
جرام الذهب عيار 24	517.16
جرام الذهب عيار 22	474.06
جرام الذهب عيار 21	452.52
جرام الذهب عيار 18	387.87

أسعار الذهب لمختلف الوحدات

الوحدة	السعر بالريال السعودي
جنيه ذهب عيار 21 (8 جرام)	3,620.16
جنيه ذهب عيار 22 (8 جرام)	3,792.48
10 تولة (116.6 جرام)	60,321.54

Gold Prices in the Saudi Market by Karat

Examining the local market data for Saturday, September 26, 2026, we observe distinct pricing structures based on gold's purity, or karat. The 24K gold, representing the purest form available, naturally commands the highest price per gram at 517.16 SAR. This makes it the preferred choice for those seeking maximum intrinsic value, often for investment or as a store of wealth.

Conversely, 18K gold, which has a lower gold content and higher alloy proportion, is priced at 387.87 SAR per gram. This makes it the most affordable option among the listed karats, popular for intricate jewelry designs due to its enhanced durability. The prices for 22K and 21K gold fall in between, with 22K at 474.06 SAR per gram and 21K at 452.52 SAR per gram. 21K gold is particularly popular in the Saudi market for traditional jewelry, balancing purity with resilience.

Beyond individual grams, larger units also reflect these karat-based valuations. An 8-gram gold pound of 21K purity is priced at 3,620.16 SAR, while a 22K gold pound of the same weight is slightly higher at 3,792.48 SAR. For significant investments, the 10 Tola unit (equivalent to 116.6 grams) is available at 60,321.54 SAR. These variations underscore the importance of understanding karat purity and unit weight when making purchasing decisions, ensuring that buyers align their choices with their specific needs, whether for high-purity investment or durable, aesthetically pleasing jewelry.

Factors Affecting Gold Prices in Saudi Arabia

Gold prices in Saudi Arabia are influenced by a complex interplay of global economic forces and specific local market dynamics. Understanding these factors is crucial for anticipating market movements:

• Global Gold Market Trends and the US Dollar: The price of gold globally is typically denominated in US dollars. When the dollar strengthens, gold tends to become more expensive for buyers using other currencies, potentially reducing demand and putting downward pressure on prices. Conversely, a weaker dollar can make gold more attractive. Global supply and demand, influenced by mining output, central bank reserves, and investor sentiment, also play a significant role.
• The Riyal's Peg to the Dollar (SAMA): The Saudi Riyal (SAR) is pegged to the US Dollar at a fixed exchange rate. This peg means that local gold prices in SAR directly reflect movements in the international dollar price of gold, with minimal currency fluctuation risk for Saudi investors. The Saudi Arabian Monetary Authority (SAMA) maintains this peg, providing stability but also ensuring local prices are highly sensitive to global dollar-denominated gold shifts.
• US Federal Reserve Interest Rate Decisions: Interest rate policies by the US Federal Reserve are a major determinant. Higher interest rates increase the opportunity cost of holding non-yielding assets like gold, as investors can earn better returns from interest-bearing instruments. This typically leads to a decrease in gold demand. Conversely, lower interest rates or quantitative easing policies often make gold more appealing, driving its price upwards.
• Inflation and Safe-Haven Demand: Gold is widely regarded as a hedge against inflation. When inflation rises, the purchasing power of fiat currencies diminishes, making gold a more attractive store of value. Furthermore, during periods of economic uncertainty, financial instability, or market volatility, investors flock to gold as a "safe haven" asset, driving up its demand and price.
• Local Demand Seasons (Weddings, Holidays) and VAT: Domestic demand in Saudi Arabia plays a significant role. Peak seasons for weddings, religious holidays like Eid, and other cultural festivities traditionally see a surge in gold purchases for gifts and adornments. This seasonal demand can create localized price premiums. The application of Value Added Tax (VAT) on gold purchases also impacts the final retail price for consumers, which must be factored into investment calculations.
• Geopolitical Tensions: Escalating geopolitical conflicts, political instability in key regions, or major international crises often trigger a flight to safety, with investors moving capital into gold. Such events can cause sharp and rapid increases in gold prices as demand for the precious metal as a reliable store of value intensifies.

Gold Price Forecast

Looking ahead, the gold market in Saudi Arabia is likely to remain responsive to a combination of global macroeconomic signals and domestic purchasing patterns. For the coming days, we anticipate a period of potential consolidation, with prices hovering around current levels unless a significant external shock occurs.

Key factors to watch include upcoming announcements from the US Federal Reserve regarding monetary policy, particularly any hints about future interest rate trajectories. Should the Fed signal a more hawkish stance, gold prices could face downward pressure. Conversely, any indications of economic slowdowns or increased inflation fears globally could provide support for gold, reinforcing its safe-haven appeal. Geopolitical developments, especially those impacting oil prices or global trade, will also be crucial determinants, as heightened tensions historically lead to an uptick in gold demand.

Locally, while Saturday is typically a weekend day for many, the broader week's demand will be shaped by ongoing consumer sentiment. With no major holidays immediately on the horizon, demand might stabilize after any previous seasonal spikes. Investors and consumers are advised to monitor international news closely and consider gold's role as a portfolio diversifier, offering both potential for capital appreciation and protection against economic uncertainties. The outlook suggests a market poised for careful observation, with underlying strength but also sensitivity to global shifts.

This service is provided by Amtalek Realestate Platform