MoneyUpdated 9 Sep 2026, 04:30 · indicative reference · SAR
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Detailed silver rates in Saudi Arabia
| Purity | 1 g | 10 g | 100 g | 1 kg |
|---|---|---|---|---|
| 999 (Fine) | SR 8.05 | SR 80.48 | SR 804.85 | SR 8,048.50 |
Figures are the metal value only — jeweller making charges are added on top.
Silver 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 silver 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 silver price in Saudi Arabia today?
As of 9 Sep 2026, the indicative 999 silver rate in Saudi Arabia is about SR 8,048.50 per kg (SR 8.05 per gram). Rates update through the day and exclude jeweller making charges.
Is Saudi Arabia silver 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 silver prices be tomorrow?
No one can reliably predict the next day’s silver price. It moves with the international silver price, the US dollar and safe-haven demand. This page updates through the day.