Gold Price Today in Medina
Converted to the Saudi Riyal
99924Kper gram
SAR490.95
Day high 491.06Day low 489.75Open 490.12
Spot ounce $4,072.10US dollar 3.7500 SAR
Live gold prices in Medina in SAR for every karat, per gram, tola and ounce — refreshed every minute.
Gold prices in Medina by weight
In Saudi Riyal (SAR)
| Karat | Gram | Tola | Ounce |
|---|---|---|---|
| 24K | 490.95 | 5,726.39 | 15,270.38 |
| 22K | 450.04 | 5,249.19 | 13,997.84 |
| 21K | 429.58 | 5,010.59 | 13,361.58 |
| 18K | 368.22 | 4,294.79 | 11,452.78 |
| 14K | 286.39 | 3,340.39 | 8,907.72 |
Page details
- Location
- Medina, Saudi Arabia
- Currency
- SAR
- Updates
- Every minute
- USD rate
- 1 USD = 3.7500 SAR
Similar pages
The gold market in Medina
Gold shops operate across the markets and malls of Medina, with raw prices tied to the global price like the rest of the Kingdom.
The Saudi riyal is pegged to the US dollar at 3.75 riyals per dollar, so global ounce moves pass straight through to the gram price in SAR.
How the gold price in Medina is calculated
Worked example at current prices: the ounce is 4,072.10 USD. Dividing by 31.1035 gives 130.92 USD per gram; multiplying by the exchange rate (3.7500) gives 490.95 SAR per gram of 24K. Since 21K is 87.5% gold, its gram costs 429.58 SAR, and 18K (75%) costs 368.22 SAR.
Tips for buying gold in Medina
- Check the hallmark: 999 for 24K, 916 for 22K, 875 for 21K and 750 for 18K.
- Ask for an invoice showing weight, karat, price per gram, making charge and any tax.
- VAT of 15% applies to gold below 99% purity, such as jewellery, while gold of 99% purity or more is zero-rated according to ZATCA.
- Compare making charges between shops — they drive most of the difference in final prices.
- Ask about the buy-back price and exchange policy before you pay.
- Use the live price on this page as your reference when negotiating.