Gold is sold by weight here in Saudi Arabia – design doesn’t really matter as far as the price goes. Gold is almost always given to Saudi brides and is commonly found in 18K, 21K, or 24K.
About This Blog, and About Me: Susie of Arabia
Jeddah, Saudi Arabia, is KSA's 2nd largest city and is located on its west coast, right on the Red Sea. I moved here in 2007 with my Saudi hubby. This journal reflects the things that I see here, life through my eyes, my lens.
Please be sure to also visit my other blog, SUSIE OF ARABIA (formerly SUSIE'S BIG ADVENTURE), which relates my experiences, thoughts, and observations about living in Saudi Arabia.
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I have 20kg of gold i want to sell them.how will i do or tell me how i can supply them to your shop for sale
is this very expensive price 2.3grams necklace for 750 saudi riyal?i have a frend selling jewelry from saudi…
Hi susie of arabia,I have bought a 24k gold biscuit and i would like to sell it for a good price.Where can i sell it in jeddah?Would the normal gold shops buy from me?
I wanna sale my old gold may be 115.4 total weight how much u people buy it on this weight n which rate were I get good rate n money in which market in Jeddah . jeddah rate tell me what rate today.
Nancy – I’m afraid you’ll have to find out on your own – I don’t really have that kind of information. Sorry.
Ok thanks can u guide me which one is get profit in gold coin or biscuit if gold coin the which karat give me profit ?? N how i start buy n sell process in Jeddah city can u guide me on this … I will very thanks full
Nancy – I am not an expert in gold. You should consult someone who knows that business.
i want to perchace the ring and naklecs may i see the pic
how many saudi riyal we pay zakat for one gram.today .
I wanna ask regarding the gold price in Saudi Arabia Shopping Mall…My friend bought 3.7 grams 21 K Saudi Gold at 750 Riyals….Is the price is right of 3.7 grams 21 K for 750 Riyals?
Hi Michelle – I really don’t know the going rate for gold. I’m sure it fluctuates frequently. I just know that gold is sold by weight and the design generally is not taken into account at all.
I asked the for the price of a 10 gram bar a while back it was around 1700 riyals. so if you divide that, it should be around 500 riyals for the gold itself and the rest for design and packaging.
P.S. as Susie said, the price is always fluctuating so you can’t say the real price for sure.
Hello…I just want to ask regarding the gold price in the shopping mall in Saudi Arabia…My friend bought a necklace with pendant for 750 Saudi Riyals. The weight is 3.7 grams only…..Is it 750 Saudi Riyals an exact amount for 21 K 3.7 grams?
Recently we saw on TV news how a fancy new hotel (somewhere in the Emirates maybe?) was selling gold bars in a vending machine!
Your young salesman here is cute. Am I allowed to say that? 🙂
Yes, Dina – you are allowed to say that!
The news item about gold bars from vending machines that has been showing here, including on US channels, is about those in Japan. The Japanese apparently find this acceptable as buying gold bars or coins there otherwise involves huge amounts of bureaucratic machinations. Also the Japanese are far ahead of the rest of the world in the use of vending machines for a range of items, including live crabs. Historically, I believe they were the first to have vending machines for condoms in public places, eg airports.
Hi Chiara – There are just some things that I don’t think I would want to buy from a vending machine! Live crab? Hmmmm…
Susie, Do you know where to find bullion / gold bars here in Jeddah? i need to make some long term investments
Hi Osamah – Sorry but i have no clue.
Its okay, I just called my mum and asked her, she says there are money exchanges in Balad/Bab Makkah area that sell gold and silver at good rates.
Osamah i saw ur msg u also want buying the gold n in jeddah u buy the gold ??actually I want also buy the gold but small amount like thousands
Can u found the place ??
which is best investment in the gold ?? Coin? Or bar ? Can u guide me n which area is the best buying n selling place in jed
I remember gold being sold like that in India during my trip there in 2009!