This dated report covers 24K gold rate in Saudi Arabia for October 31, 2026 and compares it with the latest ounce and other carat values.
Gold finished the measured period below its opening level. Weekly market summary: Open 14,988.37 SAR → Close 14,700.75 SAR, High 15,232.12 SAR, Change -1.92%.
24K Gold Rate in Saudi Arabia: Current Details
| Open | 14,988.37 SAR | Close | 14,700.75 SAR |
|---|---|---|---|
| High | 15,232.12 SAR | Low | 14,700.75 SAR |
| Average | 15,082.00 SAR | Change | -1.92% |
How the week unfolded
October 26, 2026
Open 14,988.37 SAR, high 15,060.38 SAR, low 14,988.37 SAR, close 15,060.38 SAR, change +0.48%. Gold Ounce Price in Saudi Arabia: Latest SAR Reading
October 27, 2026
Open 15,059.62 SAR, high 15,184.88 SAR, low 15,027.75 SAR, close 15,184.88 SAR, change +0.83%. Saudi Arabia 24K Gold Rate: Latest Recorded Movement
October 28, 2026
Open 15,232.12 SAR, high 15,232.12 SAR, low 15,177.38 SAR, close 15,199.13 SAR, change -0.22%. Gold Prices by Carat in Saudi Arabia: Current Market Table
October 29, 2026
Open 15,175.50 SAR, high 15,204.38 SAR, low 15,102.00 SAR, close 15,102.00 SAR, change -0.48%. Saudi Arabia Gold Market Range: Latest Recorded Movement
October 30, 2026
Open 15,088.13 SAR, high 15,088.13 SAR, low 14,700.75 SAR, close 14,700.75 SAR, change -2.57%. Saudi Arabia Gold Prices by Carat: Latest Comparison
Historical comparison
The strongest historical reference in the comparison window was 15,520.50 SAR on 2026-10-22. SAR and Gold Prices in Saudi Arabia: Current Market Context
What this means for buyers and sellers
Reference prices describe the metal value. Retail quotes may differ because of craftsmanship, taxes, premiums, dealer margins and buyback conditions.
Frequently asked questions
What was the weekly gold range?
Low 14,700.75 SAR — High 15,232.12 SAR.
Did gold finish higher or lower?
The closing level changed by -1.92% from the opening level.
Data and linked reports
This article was generated from the GMIP historical archive for Saudi Arabia, covering 2026-10-26 to 2026-10-30.
Understanding the local price
Compare like-for-like products by purity, weight, quote time and buyback terms before making a decision.
The displayed figure is a metal-value reference before product premiums, fabrication, taxes and dealer margins.
How to compare the current reading
Compare the latest figure with an earlier reading from the same source and a similar quote time. Separate the movement in metal value from fabrication charges, taxes and retail margins.
Match purity, weight, product type, delivery method and buyback terms. Bars, coins and finished jewellery may carry different premiums even when their gold content is similar.
What the rates mean for buyers
The table is a market reference expressed in SAR, not a binding retail offer. The final price in Saudi Arabia can vary with availability, product premiums, taxes and dealer policy.
Request an itemised purchase quote and a separate resale quote. Confirm net weight, purity, invoice details and any testing or handling conditions.
Frequently asked questions
How is the gold price calculated in Saudi Arabia?
The calculation starts with the global ounce price and the exchange rate to SAR, then applies the campaign’s local market settings.
When are gold prices updated?
Prices follow the campaign schedule, while actual dealer quotes may vary during the day because of premiums, taxes and retail margins.
Last updated: October 31, 2026 2:24 AM. Figures depend on configured price and exchange-rate sources, and local prices may vary.
