This dated report covers retail gold price in Saudi Arabia for November 1, 2026, including the latest ounce and major purity references.
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%.
Retail Gold Price in Saudi Arabia
| 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The strongest historical reference in the comparison window was 15,520.50 SAR on 2026-10-22.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
Weekly Gold Pullback in Saudi Arabia: High, Low and Closing Analysis
Scenarios for the coming week
Upside scenario
A sustained move above 15,232.12 SAR would strengthen the positive scenario, while confirmation should come from later readings.
Downside scenario
A move below 14,700.75 SAR would weaken the current range and make the lower scenario more relevant.
Range scenario
Prices may remain between the weekly high and low until a clearer move develops.
These scenarios are conditional market references, not a guarantee of future prices.
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
The displayed figure is a metal-value reference before product premiums, fabrication, taxes and dealer margins.
Compare like-for-like products by purity, weight, quote time and buyback terms before making a decision.
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: November 1, 2026 3:07 AM. Figures depend on configured price and exchange-rate sources, and local prices may vary.
