Terms of Use

1. Service description

goldpricesaudi.net is an independent online reference platform providing:

• Real-time gold spot prices in Saudi Riyals (SAR) for 24K, 22K, 21K, and 18K gold
• A gold making-charge and VAT calculator for jewelry purchases
• A Zakat calculator for gold based on Islamic jurisprudence and ZATCA guidelines
• Indicative scrap and second-hand gold prices
• A directory guide to major gold souqs in Saudi cities
• General information on gold bullion and coins

The service is provided free of charge to all users. By using this site, you accept these Terms of Use in full.

2. Financial disclaimer

• ◆ Not investment advice: all information and prices on goldpricesaudi.net are for reference and informational purposes only. Nothing on this site constitutes a recommendation to buy, sell, or invest in gold or any other commodity. Investment decisions should be made with a licensed financial advisor.
• ◆ Not a licensed financial service: goldpricesaudi.net is not a licensed financial institution or gold trading broker. The site is not licensed by the Saudi Capital Market Authority (CMA) or any other financial regulatory body.
• ◆ Indicative prices only: prices shown are derived from the global spot market. Actual retail prices in jewelry stores differ by adding making charges (15–60 SAR/gram) and 15% VAT. The site does not guarantee any dealer will buy or sell at the prices shown.

3. Data accuracy and limitations

We make serious efforts to ensure prices are accurate and current, but we do not warrant or guarantee:

• The site will be free from technical errors or price update interruptions
• Prices will match those of any specific market or dealer
• Real-time accuracy during periods of sharp market volatility or internet outages
• The correctness of Zakat calculations for every individual case — consult a qualified religious scholar

Prices shown for scrap and second-hand gold are indicative averages only and may differ substantially between dealers and regions.

4. Intellectual property

All content on goldpricesaudi.net — including design, source code, written text, logos, and calculator tools — is the exclusive property of Musab Mehmood / goldpricesaudi.net and is protected by copyright © 2026.

Permitted: sharing links to the site on social media · citing prices with attribution to this site as source · embedding official site tools with prior written permission
Not permitted: copying or republishing content without written consent · using calculator tools in commercial products · impersonating the site or misusing its branding

5. Limitation of liability

To the fullest extent permitted by applicable law, goldpricesaudi.net and its founder (Musab Mehmood) shall not be liable for any direct, indirect, incidental, or consequential financial losses or damages arising from: relying on site prices to conduct purchase or sale transactions, data errors or interruptions in price updates, investment decisions based on information from this site, service downtime or inaccessibility of the site, or any content on external sites linked from this site.

6. Acceptable use

You agree not to use the site in any of the following ways: automated data extraction (scraping) in a way that burdens the server or disrupts service, attempting to breach or bypass the site's technical systems, publishing misleading content attributed to goldpricesaudi.net, or using the service for any purpose unlawful under Saudi Arabian law.

7. Governing law & dispute resolution

These Terms shall be governed by and construed in accordance with the laws of the Kingdom of Saudi Arabia. In the event of any dispute arising from use of the site or these Terms, the competent courts of the Kingdom of Saudi Arabia shall have exclusive jurisdiction.

8. Changes to these terms

We reserve the right to modify these Terms at any time. The "Last updated" date at the top of this page will always reflect the most recent revision. Continued use of the site after any update constitutes acceptance of the revised Terms. If you do not agree with the updated Terms, please discontinue use of the site.

9. Contact

For any enquiries regarding these Terms, please contact us: contact@goldpricesaudi.net

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