Gold Price Calculator Saudi Arabia | Live & Used Gold Calculator

Gold Price Calculator

Calculate the value of gold based on live spot prices

Select Karat

Weight

Unit

Used Gold (Buyback)

Apply a deduction percentage for making charges, wear & tear, or dealer margins.

Total Value

4,336.50 SAR

Rate applied: 433.65 SAR/g

About the Gold Calculator

Our Gold Calculator helps you instantly estimate the value of gold based on real-time market prices in Saudi Arabia. You can calculate the exact price of 24K, 22K, 21K, and 18K gold in grams, tolas, or ounces.

If you are selling old jewellery, use the Used Gold (Buyback) feature to apply a standard deduction percentage representing dealer margins and making charge depreciation.

❓ Frequently Asked Questions

How is the used gold price calculated?

Jewellers typically deduct between 1% to 5% from the live market price for used gold (wear & tear / melting costs), and the making charges you originally paid are fully lost.

What is the most common gold karat in Saudi Arabia?

21 Karat gold is the most popular grade for jewellery in Saudi Arabia, followed by 22 Karat.

How to calculate 21 Karat gold price?

The 21 Karat gold price is calculated by multiplying the global pure gold price per gram (24 Karat) by the 21 Karat purity ratio (0.875). Making charges and VAT are then added.

How to calculate 21 Karat gold price when selling?

When selling used 21 Karat gold, the piece's weight is multiplied by the market's 21K gram price for that day. Jewellers typically deduct between 1% and 2% for melting costs, and you cannot recover the making charges or VAT paid upon purchase.

How to calculate 24 Karat gold price?

24 Karat is pure gold (99.9% purity). Its price is calculated directly from the global spot ounce price divided by 31.103. It is usually sold as bars with zero or very low making charges.

How to calculate 21 Karat gold price in Saudi Riyals?

The SAR price is calculated by taking the global ounce price in USD, determining the 21K gram price, and then multiplying the result by the USD to SAR exchange rate (approximately 3.75).