Gold market chart
Historical benchmark in SAR per troy ounce; weight conversions are shown in the tables.
Gold Price Chart in SAR per Chi
Live gold price history in Saudi Riyal (SAR) per chi. Toggle 24H, 7D, 30D, and 1Y ranges to analyze gold trends.
Quick Calculator
Calculate gold value
= 3.7500 grams
= 0.120565 troy ounces
Price per chi: —
Gold price by currency
Fine gold per chi · current exchange rates
—
US Dollar
—
Euro
—
British Pound
—
Japanese Yen
—
Swiss Franc
—
Australian Dollar
—
Canadian Dollar
—
Indian Rupee
—
Chinese Yuan
—
Singapore Dollar
—
Hong Kong Dollar
—
UAE Dirham
—
Saudi Riyal
—
Mexican Peso
—
Brazilian Real
—
South Korean Won
—
South African Rand
—
Russian Ruble
—
Turkish Lira
—
Polish Zloty
—
Thai Baht
—
Malaysian Ringgit
—
Indonesian Rupiah
—
Philippine Peso
—
Vietnamese Dong
—
New Zealand Dollar
—
Swedish Krona
—
Norwegian Krone
—
Danish Krone
—
Czech Koruna
—
Taiwan Dollar
Gold price by weight
| Weight | Grams | Spot value (SAR) |
|---|---|---|
| Troy Ounce | 31.1035 | — |
| Gram | 1 | — |
| Kilogram | 1000 | — |
| Pennyweight | 1.55517 | — |
| Tola | 11.6638 | — |
| Tael (Hong Kong) | 37.429 | — |
| Tael (Shanghai / Mainland China) | 50 | — |
| Tael (Taiwan) | 37.5 | — |
| Grain | 0.0648 | — |
| Momme | 3.75 | — |
| Baht | 15.244 | — |
| Chi | 3.75 | — |
| Don | 3.75 | — |
| Mesghal | 4.6875 | — |
Gold price by karat & hallmark
Metal-only melt value; stones and making charges are not included.
What is a Chi? Gold weight, conversions and local use
Definition. The chi (3.75 g) is one tenth of a Vietnamese luong (tael) and the everyday unit for gold in Vietnam. Locally it is written chỉ. One chi equals 3.75 grams, or 0.12057 troy ounces, which at today's gold spot price works out to — SAR.
Where it is used. SJC bars are sold in 1 chi, 5 chi and 1 luong sizes, and jewellery is quoted in chi with the purity stated as 24K, 18K or 610. The unit is the trading standard in Vietnam.
Pricing conventions. Vietnamese SJC-branded gold has historically traded well above the world price because of import limits, so a local chi quote and a converted world price can differ substantially. Gold is the metal most often traded in these traditional units, because jewellery and savings demand kept the old weights alive long after industry went metric.
Good to know. One luong equals 10 chi equals 37.5 g, matching the Taiwanese tael.
Gold price per Chi in SAR — quick conversion table
| Quantity | Grams | Troy ounces | Value (SAR) |
|---|---|---|---|
| 1 chi | 3.75 g | 0.1206 oz t | — |
| 5 chis | 18.75 g | 0.6028 oz t | — |
| 10 chis | 37.5 g | 1.2057 oz t | — |
| 100 chis | 375 g | 12.0565 oz t | — |
Values are calculated from the live XAU spot price converted into Saudi Riyal and refresh with the price above.
Buying Gold in Saudi Arabia: local market, taxes and premiums
At the live price shown above per chi, the price you see here is the international XAU spot price converted into Saudi Riyal. Physical buyers in Saudi Arabia pay that reference plus a premium, and local trading is concentrated around Riyadh and Jeddah gold markets. Buyers there generally watch the LBMA price converted at the fixed SAR/USD peg as the day's reference.
Taxes and duties. Investment gold of 99% purity or higher is zero-rated for the 15% Saudi VAT. Gold is the deepest of the four precious metals markets, so local retail spreads are usually the tightest and buy-back is easiest. That is why the shop price of gold in SAR can sit noticeably above the spot value of the same chi of metal.
How people usually buy. The common routes in Saudi Arabia are licensed gold souq retailers, bank bullion services, online GCC dealers and regional refiners. The products most often quoted locally include 21K jewellery, 1 oz coins, 100 g and 1 kg bars.
Local conventions. 21K (875) gold dominates Saudi jewellery, and the riyal's dollar peg means local prices track the USD gold price almost exactly. Before you buy, compare the dealer's asking price per chi with the live gold price above, and check the buy-back spread the same dealer offers — that round-trip cost matters more than a small difference in the headline SAR quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in Saudi Arabia can change.
Other Precious Metals in SAR
Compare prices across different precious metals
About Gold Price in SAR
What is Gold?
Gold is a chemical element with symbol Au and atomic number 79. It is a dense, soft, malleable metal that has been used as a store of value for thousands of years.
History
Gold has been known and used by artisans since the Chalcolithic age. Egypt and especially Nubia had the resources to make them major gold-producing areas for much of history.
Common Uses
Interesting Facts
- •Gold is one of the least reactive chemical elements
- •All the gold ever mined would fit in a cube about 21 meters on each side
- •Gold is so malleable that a single gram can be beaten into a sheet of 1 square meter
Gold Price Per Chi in Saudi Riyal
The current gold price per chi in Saudi Riyal (SAR) is updated in real-time based on international market rates. Gold is traded globally and its price fluctuates based on supply and demand, economic conditions, and geopolitical factors.
When buying or selling gold in Saudi Arabia, it's important to understand that prices are typically quoted in troy ounces on international markets. Our converter helps you easily calculate the price in chis, which may be more practical for local transactions.
The chi is a Vietnamese unit of weight for gold, equal to 3.75 grams. This unit is commonly used when trading gold in various markets around the world.
Gold Long-Term Returns vs Current SAR Price
How gold has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for Saudi Arabia investors tracking gold in SAR.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Gold price in SAR – FAQ
How much does one ounce of gold cost in SAR today?
One troy ounce of gold currently costs approximately the live spot price shown on this page. This live spot price is refreshed every 5 minutes from MetalflowAPI market data and reflects the international XAU/SAR rate.
What is the current gold rate in Saudi Arabia today?
The current gold rate in Saudi Arabia is the live spot price shown on this page per chi. Prices refresh every 5 minutes and follow the international Gold spot price converted to Saudi Riyal.
How much is 1 chi of gold in SAR?
1 chi of gold equals the live spot price shown on this page today. This is calculated from the live spot price per troy ounce, converted via the SAR exchange rate (1 chi = 3.75 grams).
How is the gold price per chi calculated?
The gold price per chi is calculated by converting the international spot price (quoted per troy ounce in USD) to SAR using the current exchange rate, then converting to the chi weight unit (1 chi = 3.75 grams).
Do I pay tax or VAT when buying gold in Saudi Arabia?
Investment gold of 99% purity or higher is zero-rated for the 15% Saudi VAT. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per chi more than small differences in the SAR spot quote.
Where do people usually buy gold in Saudi Arabia?
The usual routes are licensed gold souq retailers, bank bullion services, online GCC dealers, regional refiners. Local trading is centred on Riyadh and Jeddah gold markets, and the products most often quoted are 21K jewellery, 1 oz coins, 100 g and 1 kg bars.
Why is the shop price of gold higher than the spot price in SAR?
Retail prices add a dealer premium covering refining, minting, shipping, insurance and margin, plus any local tax. Gold is the deepest of the four precious metals markets, so local retail spreads are usually the tightest and buy-back is easiest. Compare the asking price per chi with the live spot value above, and check the dealer's buy-back spread.
Which price reference does the Saudi Arabia gold market follow?
Local buyers generally follow the LBMA price converted at the fixed SAR/USD peg, converted into Saudi Riyal (SAR). 21K (875) gold dominates Saudi jewellery, and the riyal's dollar peg means local prices track the USD gold price almost exactly.