Medina 24K Gold Price Update: Ounce and Carat Check
This October 22, 2026 update examines Medina 24K gold price together with the latest ounce and listed carat references.
The Medina gold market report for October 22, 2026 presents current local prices, the global-ounce reference and the latest trading direction.
Medina 24K Gold Price: Latest Comparison
| Asset Class | Price (SAR) |
|---|---|
| Gold Ounce | 15,252.75 SAR |
| 24K Gold (per gram) | 490.34 SAR |
| 22K Gold (per gram) | 449.52 SAR |
| 21K Gold (per gram) | 429.09 SAR |
| 18K Gold (per gram) | 367.79 SAR |

Quotes in Medina can differ by product, weight, fabrication and resale policy even when the reference gram price is unchanged.
Check the quotation timestamp because comparing local offers recorded at different times can distort the result.
Local check: confirm the final quote with a nearby seller because product premiums and availability can differ across Medina.
Local quotations are indicative and can vary across dealers, product types and fabrication costs.
Intraday gold price updates in Medina
Today’s intraday summary
| Opening reference | 15,363.37 SAR |
| Latest price | 15,252.75 SAR |
| Intraday high | 15,363.37 SAR |
| Intraday low | 15,252.75 SAR |
| Daily change | -0.72% |
| Updates | 3 |
Gold prices remain stable in Medina — October 22, 2026 11:37 AM
The reference price was unchanged for 21K gold in Medina to 432.20 Saudi Riyal per gram, while the gold ounce was recorded at 15,363.37 Saudi Riyal. The move from the immediately previous update was 0.00%, and the latest price is in line with the first saved reading of the day by 0.00%. This is the highest saved reading so far today. Retail quotes may still vary because of dealer premiums, taxes and local costs.
| Asset Class | Price (SAR) |
|---|---|
| Gold Ounce | 15,363.37 SAR |
| 24K Gold (per gram) | 493.89 SAR |
| 22K Gold (per gram) | 452.78 SAR |
| 21K Gold (per gram) | 432.20 SAR |
| 18K Gold (per gram) | 370.46 SAR |
These prices represent the latest saved market reading. Retail quotes may vary because of dealer premiums, taxes and local costs.
Gold prices move lower in Medina — October 22, 2026 4:29 PM
The reference price declined for 21K gold in Medina to 431.67 Saudi Riyal per gram, while the gold ounce was recorded at 15,344.62 Saudi Riyal. The move from the immediately previous update was 0.12%, and the latest price is below the first saved reading of the day by 0.12%. This is the lowest saved reading so far today. Retail quotes may still vary because of dealer premiums, taxes and local costs.
| Asset Class | Price (SAR) |
|---|---|
| Gold Ounce | 15,344.62 SAR |
| 24K Gold (per gram) | 493.29 SAR |
| 22K Gold (per gram) | 452.23 SAR |
| 21K Gold (per gram) | 431.67 SAR |
| 18K Gold (per gram) | 370.01 SAR |
These prices represent the latest saved market reading. Retail quotes may vary because of dealer premiums, taxes and local costs.
Gold prices move lower in Medina — October 22, 2026 7:50 PM
The reference price declined for 21K gold in Medina to 429.09 Saudi Riyal per gram, while the gold ounce was recorded at 15,252.75 Saudi Riyal. The move from the immediately previous update was 0.60%, and the latest price is below the first saved reading of the day by 0.72%. This is the lowest saved reading so far today. Retail quotes may still vary because of dealer premiums, taxes and local costs.
| Asset Class | Price (SAR) |
|---|---|
| Gold Ounce | 15,252.75 SAR |
| 24K Gold (per gram) | 490.34 SAR |
| 22K Gold (per gram) | 449.52 SAR |
| 21K Gold (per gram) | 429.09 SAR |
| 18K Gold (per gram) | 367.79 SAR |
These prices represent the latest saved market reading. Retail quotes may vary because of dealer premiums, taxes and local costs.
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 Medina?
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 22, 2026 1:38 PM. Figures depend on configured price and exchange-rate sources, and local prices may vary.