Silver Price in Saudi Riyals (SAR) Today
Live silver price converted to Saudi Riyals (SAR) using real-time exchange rates. Prices shown for .999 fine, .925 sterling, .900 coin, and .800 silver purities.
The current price of silver in Saudi Riyals is SAR٢٦٩٫٢٨ per troy ounce for .999 fine silver. Sterling silver (.925) is worth SAR٢٤٩٫٠٩ per ounce.
.999 Fine
SAR٢٦٩٫٢٨
.925 Sterling
SAR٢٤٩٫٠٩
.900 Coin
SAR٢٤٢٫٣٦
.800 Silver
SAR٢١٥٫٤٣
Data source: TwelveData XAG/USD spot price × SAR/USD exchange rate. Last updated: 3/25/2026, 7:08:30 PM
Silver Price by Quantity (SAR)
| Quantity | .999 Fine | .925 Sterling | .900 Coin | .800 Silver |
|---|---|---|---|---|
| 1 Troy Ounce | SAR٢٦٩٫٢٨ | SAR٢٤٩٫٠٩ | SAR٢٤٢٫٣٦ | SAR٢١٥٫٤٣ |
| 1 Gram | SAR٨٫٦٦ | SAR٨٫٠١ | SAR٧٫٧٩ | SAR٦٫٩٣ |
| 10 Grams | SAR٨٦٫٥٨ | SAR٨٠٫٠٨ | SAR٧٧٫٩٢ | SAR٦٩٫٢٦ |
| 100 Grams | SAR٨٦٥٫٧٧ | SAR٨٠٠٫٨٣ | SAR٧٧٩٫١٩ | SAR٦٩٢٫٦١ |
| 1 Kilogram | SAR٨٬٦٥٧٫٦٦ | SAR٨٬٠٠٨٫٣٤ | SAR٧٬٧٩١٫٨٩ | SAR٦٬٩٢٦٫١٣ |
| 1 Tola (11.66g) | SAR١٠٠٫٩٥ | SAR٩٣٫٣٨ | SAR٩٠٫٨٥ | SAR٨٠٫٧٦ |
| 5 Troy Ounces | SAR١٬٣٤٦٫٤٢ | SAR١٬٢٤٥٫٤٤ | SAR١٬٢١١٫٧٨ | SAR١٬٠٧٧٫١٣ |
| 10 Troy Ounces | SAR٢٬٦٩٢٫٨٤ | SAR٢٬٤٩٠٫٨٧ | SAR٢٬٤٢٣٫٥٥ | SAR٢٬١٥٤٫٢٧ |
Silver Prices in Saudi Riyals: What You Need to Know
The Saudi riyal is pegged to the US dollar at 3.75 SAR per USD, making silver prices in riyals a simple and predictable conversion from the global spot price. Saudi Arabia's growing precious metals market is fueled by both investment demand and cultural gift-giving traditions, particularly during Eid celebrations and weddings.
Tax, VAT & Import Duties
Saudi Arabia levies 15% VAT on silver purchases, which applies to both bullion and jewelry. There is no capital gains tax for individuals in Saudi Arabia, making it attractive for investment gains. The VAT increase from 5% to 15% in 2020 significantly raised the cost of acquiring physical silver. Jewelry-grade silver also attracts the standard VAT rate.
How Silver Is Traded in Saudi Arabia
Saudi Arabia's silver market is centered in Riyadh, Jeddah, and Dammam, with traditional souks and modern jewelry retailers as the primary channels. The Saudi Arabian Monetary Authority (SAMA) does not mint silver coins, so most bullion is imported — primarily from Switzerland, the UK, and the UAE. Dubai's proximity makes it a popular shopping destination for Saudi precious metals buyers seeking lower premiums.
How Silver Price in SAR Is Calculated
The silver price in Saudi Riyals is calculated by multiplying the global XAG/USD spot price by the current SAR/USD exchange rate. Today's rate: 1 USD = ٣٫٧٥ SAR.
Formula: Silver Price (SAR) = XAG/USD Spot Price × SAR/USD Rate
Example: $71.81 × 3.7500 = SAR٢٦٩٫٢٨ per troy ounce
Frequently Asked Questions
How much is 1 ounce of silver in Saudi Riyals today?
One troy ounce of .999 fine silver is currently worth SAR٢٦٩٫٢٨ (SAR). Sterling silver (.925 purity) is worth SAR٢٤٩٫٠٩ per troy ounce. Prices are converted from the live XAG/USD spot rate using real-time exchange rates.
Is there VAT on silver in Saudi Arabia?
Yes. Silver purchases in Saudi Arabia are subject to 15% VAT, which was raised from 5% in July 2020. This applies to all forms of silver including bullion, coins, and jewelry. There is no exemption for investment-grade silver. However, Saudi Arabia has no capital gains tax on investment profits for individuals.
Does the SAR peg to USD make silver prices predictable?
Yes. The Saudi riyal is pegged at 3.75 per US dollar, so silver prices in SAR are effectively a fixed multiplier of the global USD spot price. This eliminates currency risk — the price you see in riyals moves in direct proportion to the international silver market.
Is it cheaper to buy silver in Dubai than Saudi Arabia?
Generally yes, due to the UAE's lower VAT structure (5% vs Saudi's 15%) and zero-rated VAT on high-purity investment bullion. Many Saudi buyers travel to Dubai or order from UAE dealers for significant savings, particularly on larger purchases. However, import duty may apply when bringing silver across the border.
When is silver demand highest in Saudi Arabia?
Silver demand peaks during Eid al-Fitr, Eid al-Adha, and the wedding season. Silver jewelry and gift items see the highest seasonal premiums during these periods. Ramadan also drives preparatory purchases. Investment demand tends to follow global market cycles rather than seasonal patterns.