Used Gold Prices in Saudi Arabia

Welcome

Used Gold Price in Saudi Arabia Today

Looking to buy your gold for less than the market price? Used gold is the 

golden opportunity for investment without any additional craftsmanship costs!

If you're searching for a smart way to save money and invest your savings, used gold is an ideal choice!

It is characterized by low or no craftsmanship fees, and it doesn't require maintenance or 

polishing. Used gold is generally sold because of being broken, which makes it a special 

investment opportunity, especially when bought from a reliable store at a reasonable price.

In terms of pricing, the average price of used gold in Saudi Arabia is around 230 to 400 SAR, 

depending on the gold karat, based on the average data for 2025.

To sell used gold without incurring a loss, it's advised to monitor prices from specialized websites 

like Gold.sa and sell it in the form of gold bullion or coins, avoiding jewelry with high fees.

Average Price of Used Gold in Saudi Arabia for Each Karat: 24, 22, 21, 18

Looking to buy gold at a lower price than the market value? Check out the 

average prices for used gold in Saudi Arabia for each karat before making 

your decision!

The average price of used gold in Saudi Arabia for 24K is approximately 403.77 SAR per gram, 

while the price for 22K used gold reaches about 369.95 to 370 SAR per gram, as of early May 2025.

The average price of used 21K gold is around 345.53 SAR per gram, and lastly, the average price 

of used 18K gold is approximately 292.79 SAR per gram.

Prices tend to fluctuate slightly on a daily basis based on global gold prices, currency exchange 

rates, and local market demand.

Used gold prices are usually lower than new gold prices due to the absence of manufacturing 

costs or retail markup. Before making a purchase, familiarize yourself with the price of gold with 

workmanship to understand the difference between the price of used and new gold.

FAQs:

1- How can I know the price of selling used gold?

You can know the price of selling used gold by following daily gold price websites such as gold net or directly checking with local markets.
 

2- Is used gold cheaper than new gold?

Yes, used gold is usually cheaper than new gold due to the manufacturing cost and additional fees present in new gold.
 

3- How can I sell gold without losing value?

To sell gold without losing value, it’s recommended to check the current market prices, sell gold in its pure form (such as bars or coins), and avoid selling jewelry with high additional fees.
 

4- How do I calculate the sale value of used gold?

To calculate the sale value of used gold, multiply the weight of the gold (in grams) by the price of used gold for the corresponding karat in the local market.
 

5- Does 18K gold lose value when sold?

Yes, 18K gold loses some of its value when sold because it is less pure than 24K gold. The price depends on the purity and market demand.
 

6- Is used gold subject to Zakat?

Yes, used gold is subject to Zakat if it reaches the Nisab (85 grams) and has been kept for one lunar year. Zakat is calculated at a rate of 2.5% of its current market value.