This dated update examines SAR and gold prices in Medina for November 2, 2026, using the latest saved market reference.
The Medina report links a local reference to the broader Saudi Arabia market and notes that final dealer prices vary by premium, fabrication and product availability.
SAR and Gold Prices in Medina
| Asset Class | Price (SAR) |
|---|---|
| Gold Ounce | 14,844.38 SAR |
| 24K Gold (per gram) | 477.21 SAR |
| 22K Gold (per gram) | 437.49 SAR |
| 21K Gold (per gram) | 417.60 SAR |
| 18K Gold (per gram) | 357.94 SAR |
The local market reflects both the global ounce and regional retail conditions. Use the table as an indicative reference before making a purchase decision.
For a fair Medina comparison, match purity, weight and product type, then separate the metal value from fees and premiums.
Buying note: compare the local gram rate with the total price for the exact product before you buy in 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 | 14,669.25 SAR |
| Latest price | 14,844.38 SAR |
| Intraday high | 14,844.38 SAR |
| Intraday low | 14,599.13 SAR |
| Daily change | 1.19% |
| Updates | 4 |
Gold prices remain stable in Medina — November 2, 2026 9:22 AM
The reference price was unchanged for 21K gold in Medina to 412.67 Saudi Riyal per gram, while the gold ounce was recorded at 14,669.25 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 | 14,669.25 SAR |
| 24K Gold (per gram) | 471.58 SAR |
| 22K Gold (per gram) | 432.33 SAR |
| 21K Gold (per gram) | 412.67 SAR |
| 18K Gold (per gram) | 353.72 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 — November 2, 2026 4:29 PM
The reference price declined for 21K gold in Medina to 410.70 Saudi Riyal per gram, while the gold ounce was recorded at 14,599.13 Saudi Riyal. The move from the immediately previous update was 0.48%, and the latest price is below the first saved reading of the day by 0.48%. 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 | 14,599.13 SAR |
| 24K Gold (per gram) | 469.33 SAR |
| 22K Gold (per gram) | 430.26 SAR |
| 21K Gold (per gram) | 410.70 SAR |
| 18K Gold (per gram) | 352.03 SAR |
These prices represent the latest saved market reading. Retail quotes may vary because of dealer premiums, taxes and local costs.
Gold prices move higher in Medina — November 2, 2026 7:24 PM
The reference price rose for 21K gold in Medina to 411.97 Saudi Riyal per gram, while the gold ounce was recorded at 14,644.13 Saudi Riyal. The move from the immediately previous update was 0.31%, and the latest price is below the first saved reading of the day by 0.17%. The price remains within today’s recorded range. Retail quotes may still vary because of dealer premiums, taxes and local costs.
| Asset Class | Price (SAR) |
|---|---|
| Gold Ounce | 14,644.13 SAR |
| 24K Gold (per gram) | 470.77 SAR |
| 22K Gold (per gram) | 431.58 SAR |
| 21K Gold (per gram) | 411.97 SAR |
| 18K Gold (per gram) | 353.11 SAR |
These prices represent the latest saved market reading. Retail quotes may vary because of dealer premiums, taxes and local costs.
Gold prices move higher in Medina — November 2, 2026 11:12 PM
The reference price rose for 21K gold in Medina to 417.60 Saudi Riyal per gram, while the gold ounce was recorded at 14,844.38 Saudi Riyal. The move from the immediately previous update was 1.37%, and the latest price is above the first saved reading of the day by 1.19%. 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 | 14,844.38 SAR |
| 24K Gold (per gram) | 477.21 SAR |
| 22K Gold (per gram) | 437.49 SAR |
| 21K Gold (per gram) | 417.60 SAR |
| 18K Gold (per gram) | 357.94 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
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.
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: November 2, 2026 3:59 PM. Figures depend on configured price and exchange-rate sources, and local prices may vary.
