العربية
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24K price per gram
—SAR
LIVE Updated: Spread (buy/sell): — SAR
22K—SARper gram
21K—SARper gram
18K—SARper gram
14K—SARper gram

Where our prices come from: live spot from Swissquote, gold-api.com & goldapi.io (backup), updated every minute. SAR at the fixed SAMA peg 3.75; other currencies at real daily rates. Never simulated — if a feed fails we show the last real price, marked delayed. Know more about us →

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Scrap & Buyback Rates

Used Scrap Gold Sell-Back Rates in Saudi Arabia Today

Monitor real-time gold souq buyback and scrap rates for 21K, 18K, 22K, and 24K in Saudi Arabia. Compare retail buy prices vs store buyback rates, understand the spread, and calculate your net cash payout.

KaratRaw Gram Rate (Market)*Net Scrap Buyback RateTypical Spread / Loss
24K (99.9%)— SAR— SAR~1.5% (refinery spread only)
22K (91.7%)— SAR— SARLoss of Making Fee + 15% VAT
21K (Souq Benchmark)— SAR— SARLoss of Making Fee + 15% VAT
18K (75.0%)— SAR— SARLoss of Making Fee + 15% VAT

* Raw gram rate before making charges and VAT. Scrap buyback = raw rate minus an estimated 1.5% refining deduction (rate × 0.9961).

Used Gold Cash Value Calculator

Estimated Cash Payout — Live Spot Scrap

Live Spot Scrap Rate per Gram:— SAR
Net Payable Weight after Deductions:— g
Refinery & Souq Melting Spread (1.5%):Included in spot rate
Total Net Cash Received (Estimate):
—SAR

* This is an indicative estimate from the live market benchmark — not a purchase offer. Actual shop prices vary; always check physical weight on a certified scale and request quotes from multiple jewelers.

5 Essential Tips Before Selling Used Gold in Saudi Arabia

1. Bring Original National ID or Iqama

Ministry of Commerce mandates presenting an active ID or Iqama to log the transaction in official police-approved registries.

2. Verify the Certified Digital Scale

Ensure the scale tares to 0.00g and carries the official SASO metrology calibration seal.

3. Fair Deduction of Non-Gold Stones

Shops will deduct stone weights. Make sure the jeweler does not exaggerate the deduction beyond the true weight of the stones.

4. Compare Quotes Across Multiple Shops

Scrap margins vary between merchants; solicit offers from at least 3 souq stores before concluding the sale.

Frequently Asked Questions on Used Gold Buyback

What is today's 21K scrap gold buyback price in Saudi Arabia?
Jewelers' buyback rate for 21K scrap gold equals the live spot metal rate minus a minor 1.0% to 2.0% refining deduction (roughly 3 to 6 SAR per gram).
How much value does gold lose when sold back to shops in KSA?
When selling jewelry back to souqs, you do not recover making fees (Masna'iya) or the 15% VAT paid on purchase; jewelers purchase strictly the raw metal weight at spot scrap value minus a ~1.5% melting fee.
How can I sell used gold at the best price in Saudi Arabia?
To get maximum value: 1) Verify today's spot rate on our platform before visiting the market, 2) Insist on weighing on a SASO-certified 0.01g scale, 3) Obtain quotes from at least 3 shops in major souqs (Taiba or Al-Balad), and 4) Ensure stone weight deductions are not exaggerated.
What is the difference between gold buy price and sell price in KSA?
The retail buy price (customer buying) includes raw spot gold + making fees (15-60 SAR/g) + 15% VAT. The buyback price (customer selling) is pure raw metal spot value minus a 1.5% refinery spread.
What documents are required to sell used gold in Saudi Arabia?
Under Saudi Ministry of Commerce regulations, sellers must present original National ID (for citizens) or Iqama (for residents), and an official sales voucher is recorded.