Gold Price in Saudi Arabia on May 23rd, 2023

On May 23rd, 2023, the gold rate in Saudi Arabia (KSA) stands at 237.80 Saudi Riyal (SAR) per gram of 24-Karat gold. For 1 Tola (approximately 11.66 grams) of 24-Karat gold, the selling price is SAR 2,773.66.

Here are the gold prices in Saudi Arabia on May 23rd, 2023:

  • 1 gram of 24K gold: SAR 237.80
  • 1 gram of 22K gold: SAR 217.98
  • 1 gram of 21K gold: SAR 208.07
  • 1 gram of 18K gold: SAR 178.35
  • 1 ounce of gold: SAR 7,396.43
  • 1 Tola (approximately 11.66 grams) of gold: SAR 2,773.66

It’s important to note that gold prices fluctuate daily worldwide, including in Saudi Arabia. These rates provide an overview of the current gold prices in Saudi Arabia for various karat levels (18K, 20K, 21K, and 22K) in formats of 1 tola, 1 gram, and 10 grams in SAR currency.

Please be aware that the provided rates are based on average prices prevailing in the Saudi jewelry market and quoted by the Saudi Gold & Jewellery Group. The rates are intended for informational purposes and not for trading. It is recommended that individuals seeking to trade in gold consult their legal counsel before engaging in any venture. The rates mentioned here are indicative, and the website holds no responsibility for any losses incurred.

For the most accurate and up-to-date gold prices, it is advisable to refer to the live rates provided by the local gold markets and bullion markets in Saudi Arabia on a daily basis.

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