Buying gold in Jeddah
Jeddah quotes gold in riyals per gram, mostly for 21K jewellery. As the gateway for Hajj and Umrah pilgrims, the city's gold souqs serve buyers from across the Muslim world.
The prices on this page are Saudi Arabia's spot-based rate in SAR: there is no separate exchange price for Jeddah. Taxes and duties are explained on the gold price in Saudi Arabia page.
Where Jeddah buys gold
Souq Al-Alawi in the historic Al-Balad district has the city's traditional gold market, and the malls host national chains. Demand rises before Eid and during the pilgrimage seasons.
Why the shop price is higher
Jewellery carries 15% VAT and a making charge per gram. Gold of 99%+ purity sold as investment bars or coins is generally zero-rated.
Tax and duty information last reviewed October 2026. Rules change — confirm with your dealer or tax authority before a large purchase.