Where to Buy Gold in Saudi Arabia: A Complete Guide to Gold Shopping
Guide to Buying Gold in Saudi Arabia: Where and How to Make the Best Purchase
Gold is not just a luxury in Saudi Arabia—it’s part of the culture and economy. The Kingdom is one of the most prominent gold markets globally, known for offering competitive pricing, high-purity products, and a low VAT of just 5%. Whether you’re purchasing for investment, personal adornment, or both, Saudi Arabia is a prime location for gold buyers.
In this guide, we’ll show you where and how to buy gold in Saudi Arabia, explain the different types of gold, and introduce Bonas Gold, a trusted African gold supplier with worldwide delivery options.
Types of Gold Purchases: Jewelry vs. Investment
Understanding your gold-buying purpose is key. Are you buying gold for fashion, savings, or investment?
Gold for Jewelry
When buying jewelry, karat quality matters:
- 18 Karat Gold (75%) – Popular for its balance between purity and durability. Ideal for daily wear.
- 21 Karat Gold (87.5%) – Traditional in Saudi Arabia. Rich color but softer than 18K.
Avoid gemstone-heavy jewelry if resale or investment value is important. Focus on weight and purity.
Gold for Investment
For wealth preservation and trading, opt for:
- 24 Karat Gold (99.99% / 999.9 purity) – Sold as bars or coins. Globally accepted.
- Refined Gold Bars from Cameroon – Ideal for investors looking for high-purity bars.
- Gold Dore Bars – Semi-refined, perfect for refineries or buyers seeking long-term ROI.
See our full gold bar selection.
Where to Buy Gold in Saudi Arabia
Saudi Arabia offers a rich and diverse gold market. Here are your main options:
1. Gold Souks (Traditional Markets)
Located in areas like Batha (Riyadh) and Kandarah (Jeddah), gold souks offer competitive pricing and a chance to negotiate on making charges.
- Great for bulk jewelry purchases.
- Prices reflect daily gold rates.
2. Shopping Malls
Major malls like Kingdom Centre (Riyadh) and Red Sea Mall (Jeddah) house international gold retailers like Damas, L’azurde, and Malabar Gold.
- Premium craftsmanship.
- Ideal for designer pieces and gifts.
3. Online Gold Shopping
Want to shop gold securely and globally? Consider Bonas Gold, one of the most trusted African gold suppliers.
They offer:
Related Resource:
Explore this complete gold order process from Cameroon.
Understanding Gold Prices in Saudi Arabia
Gold prices fluctuate based on global trends. Check live rates on:
Compare prices before purchase and use that data to negotiate in souks.
Best Time to Buy Gold in Saudi Arabia
Gold prices tend to be more stable on weekends (Saturday-Sunday) as international markets are closed. It’s the perfect time to lock in a favorable rate.
Preferred Payment Methods
Avoid credit cards—vendors may charge a fee. Instead, use:
- Cash
- MADA debit card (preferred locally)
These methods ensure better pricing without additional transaction costs.
Why Buy Gold Online from Bonas Gold?
Bonas Gold is a licensed African gold exporter offering secure, CIF delivery to Saudi Arabia and worldwide. Their offerings include:
They also provide legal trade resources:
- How to Legally Import Gold from Africa
- How to Buy Gold from Africa to Dubai
- Buying Gold to the UK, Bulgaria, Hong Kong, Australia, and more
Browse the full collection:
🔗 Bonasgold.net Gold Products
Conclusion: Your Gold Journey Starts Here
Whether you’re in Riyadh, Jeddah, or online from anywhere in the world, Saudi Arabia is a fantastic place to buy gold. Combine it with the convenience and international reach of Bonas Gold, and you have a powerful combination of price, purity, and protection.
✨ Buy now from Bonas Gold
📩 Email: [email protected]
📱 WhatsApp/Call: +237 675 915 154
🌐 Visit: https://bonasgold.net