MoneyUpdated 9 Sep 2026, 04:44 · indicative reference · SAR
Calculator
Enter any amount to see how much platinum you can get
Detailed platinum rates in Saudi Arabia
| Purity | 1 g | 8 g | 10 g | 100 g |
|---|---|---|---|---|
| PT999 | SR 221.45 | SR 1,771.63 | SR 2,214.54 | SR 22,145.42 |
| PT950 | SR 210.38 | SR 1,683.05 | SR 2,103.81 | SR 21,038.15 |
Figures are the metal value only — jeweller making charges are added on top.
Platinum rate in Saudi Arabia — local context
The riyal is pegged to the US dollar. Investment-grade gold is VAT-exempt in Saudi Arabia; 15% VAT applies to jewellery making charges. Prices track the international rate closely.
The figures above are the international platinum price converted to SAR at today’s exchange rate. They do not include local import duty, VAT or GST, so the price at a jeweller in Saudi Arabia is typically higher — by a few percent in the low-tax Gulf markets, and by 10–20% in markets with a heavy duty such as Nepal, Bangladesh or Pakistan.
Frequently asked questions
What is the platinum price in Saudi Arabia today?
As of 9 Sep 2026, the indicative 24K gold rate in Saudi Arabia is about SR 221.45 per gram and SR 2,214.54 per 10 grams; 22K is about SR 2,028.52 per 10 grams. Rates update through the day and exclude jeweller making charges.
Is Saudi Arabia platinum cheaper than in India?
Usually yes for the metal itself — Saudi Arabia prices exclude India’s import duty and 3% GST, so bars and coins are a few percent cheaper. Bringing gold into India above the customs allowance attracts duty, so the saving narrows once you account for that.
What will platinum prices be tomorrow?
No one can reliably predict the next day’s platinum price. It moves with the international platinum price, the US dollar and safe-haven demand. This page updates through the day.