Silver market chart
Historical benchmark in SAR per troy ounce; weight conversions are shown in the tables.
Silver Price Chart in SAR per Tola
Live silver price history in Saudi Riyal (SAR) per tola. Toggle 24H, 7D, 30D, and 1Y ranges to analyze silver trends.
Quick Calculator
Calculate silver value
= 11.6638 grams
= 0.375000 troy ounces
Price per tola: —
Silver price by currency
Fine silver per tola · current exchange rates
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US Dollar
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Euro
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British Pound
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Japanese Yen
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Swiss Franc
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Australian Dollar
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Canadian Dollar
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Indian Rupee
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Chinese Yuan
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Singapore Dollar
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Hong Kong Dollar
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UAE Dirham
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Saudi Riyal
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Mexican Peso
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Brazilian Real
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South Korean Won
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South African Rand
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Russian Ruble
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Turkish Lira
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Polish Zloty
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Thai Baht
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Malaysian Ringgit
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Indonesian Rupiah
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Philippine Peso
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Vietnamese Dong
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New Zealand Dollar
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Swedish Krona
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Norwegian Krone
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Danish Krone
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Czech Koruna
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Taiwan Dollar
Silver 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 | — |
What is a Tola? Silver weight, conversions and local use
Definition. The tola (11.6638 g) is the traditional South Asian unit for gold and remains the standard quote in Indian and Gulf jewellery shops. Locally it is written तोला. One tola equals 11.6638 grams, or 0.37500 troy ounces, which at today's silver spot price works out to — SAR.
Where it is used. Ten-tola bars ('TT bars', 116.64 g) are the classic Dubai-to-India trade format, and wedding jewellery is still ordered by the tola. The unit is the trading standard in India, Pakistan, Nepal and the Gulf.
Pricing conventions. Indian shops quote a tola rate for 22K (0.916) rather than pure metal, then add making charges of 8–25%. Gulf shops quote 24K per tola or per gram and charge a smaller fixed making fee. Silver is bulkier per unit of value, so quotes in small traditional units are usually a conversion, while real trade happens in kilogram and 1 000 oz bars.
Good to know. The tola was once the weight of a British India silver rupee, which is why the unit is tied so closely to jewellery and savings culture.
Silver price per Tola in SAR — quick conversion table
| Quantity | Grams | Troy ounces | Value (SAR) |
|---|---|---|---|
| 1 tola | 11.664 g | 0.3750 oz t | — |
| 5 tolas | 58.319 g | 1.8750 oz t | — |
| 10 tolas | 116.638 g | 3.7500 oz t | — |
| 100 tolas | 1,166.38 g | 37.5000 oz t | — |
Values are calculated from the live XAG spot price converted into Saudi Riyal and refresh with the price above.
Buying Silver in Saudi Arabia: local market, taxes and premiums
At the live price shown above per tola, the price you see here is the international XAG 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. Jewellery and non-investment metal carry the full 15% VAT, making bullion the cheaper way to hold weight. Silver is bulkier and cheaper per unit, so shipping, storage and consumption taxes matter far more to the final price than they do for gold. That is why the shop price of silver in SAR can sit noticeably above the spot value of the same tola 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 tola with the live silver 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 Silver Price in SAR
What is Silver?
Silver is a chemical element with symbol Ag and atomic number 47. It is a soft, white, lustrous transition metal with the highest electrical conductivity of any element.
History
Silver has been known since ancient times. It was one of the first five metals discovered by humans, along with gold, copper, lead, and iron.
Common Uses
Interesting Facts
- •Silver has the highest electrical conductivity of any element
- •Silver has antimicrobial properties
- •The word 'silver' appears in many languages as a root for 'money'
Silver Price Per Tola in Saudi Riyal
The current silver price per tola in Saudi Riyal (SAR) is updated in real-time based on international market rates. Silver is traded globally and its price fluctuates based on supply and demand, economic conditions, and geopolitical factors.
When buying or selling silver 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 tolas, which may be more practical for local transactions.
The tola is a traditional Indian unit of weight, still commonly used for gold in South Asia. This unit is commonly used when trading silver in various markets around the world.
Silver Long-Term Returns vs Current SAR Price
How silver has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for Saudi Arabia investors tracking silver in SAR.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Silver price in SAR – FAQ
How much does one ounce of silver cost in SAR today?
One troy ounce of silver 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 XAG/SAR rate.
What is the current silver rate in Saudi Arabia today?
The current silver rate in Saudi Arabia is the live spot price shown on this page per tola. Prices refresh every 5 minutes and follow the international Silver spot price converted to Saudi Riyal.
How much is 1 tola of silver in SAR?
1 tola of silver 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 tola = 11.6638 grams).
How is the silver price per tola calculated?
The silver price per tola 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 tola weight unit (1 tola = 11.6638 grams).
Do I pay tax or VAT when buying silver in Saudi Arabia?
Jewellery and non-investment metal carry the full 15% VAT, making bullion the cheaper way to hold weight. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per tola more than small differences in the SAR spot quote.
Where do people usually buy silver 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 silver higher than the spot price in SAR?
Retail prices add a dealer premium covering refining, minting, shipping, insurance and margin, plus any local tax. Silver is bulkier and cheaper per unit, so shipping, storage and consumption taxes matter far more to the final price than they do for gold. Compare the asking price per tola with the live spot value above, and check the dealer's buy-back spread.
Which price reference does the Saudi Arabia silver 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.