24K Gold Rate in Dammam Today (05 March 2026)

Today’s prices

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Updated: 05 Mar 2026, 19:17
24K Gold
+SAR 7.00 (+1.12%)
SAR 634.00 / g
10g: SAR 6,340.00

Today's Gold Price by Weight

Weight24K (999)
1 gramSAR 634.00
8 gramsSAR 5,072.00
10 gramsSAR 6,340.00
1 Tola (11.664g)SAR 7,394.98
100 gramsSAR 63,400.00

Disclaimer: Rates are indicative and may vary by jeweller. Making charges, wastage and GST (3%) may apply.

Market Analysis

Today's gold rate in Dammam is ₹582 per gram for 22k gold. The price has increased by 0.87% compared to yesterday. Over the last 30 days, the highest recorded rate was ₹602 on 3 March and the lowest was ₹577 on 4 March. The market has shown moderate volatility of 4.33% this month.

Gold Investment Guide for Dammam

Digital Gold vs Physical Gold
In Dammam, you can buy physical gold from local jewelers or digital gold through apps. Physical gold incurs making charges (8-25%), while digital gold is pure 24K investment with no making charges, stored in insured vaults.
Taxation on Gold
Gold jewelry purchases attract 3% GST. If you sell physical gold within 3 years, Short Term Capital Gains (STCG) tax applies. After 3 years, Long Term Capital Gains (LTCG) tax is applicable at 20% with indexation benefits.
Checklist Before Buying
1. Check the BIS Hallmark (Triangle + Purity + 6-digit code).
2. Compare Making Charges across jewelers in Dammam.
3. Ensure the invoice includes the HUID code for buyback assurance.

24K Gold (999 Purity) Investment Prices in Dammam per Gram

Today, the 24K gold rate in Dammam is ₹634.00 per gram. Referred to as 999 purity, 24K is the purest gold in Dammam, ideal for investment coins and bars rather than jewelry due to its natural softness.

Get the latest 24K gold price in Dammam per gram. Track live 999 purity trends and investment updates for Dammam today.

Trend

Trend graph
Low: SAR 627.00High: SAR 662.00
SAR 667.25SAR 655.88SAR 644.50SAR 633.13SAR 621.7524 February 202605 March 2026
DatePrice / gChange / g
05 March 2026SAR 634.00+SAR 7.00 (+1.12%)
04 March 2026SAR 627.00-SAR 35.00 (-5.29%)
03 March 2026SAR 662.00+SAR 6.00 (+0.91%)
02 March 2026SAR 656.00SAR 0.00 (+0.00%)
01 March 2026SAR 656.00+SAR 12.00 (+1.86%)
28 February 2026SAR 644.00+SAR 6.00 (+0.94%)
27 February 2026SAR 638.00-SAR 3.00 (-0.47%)
26 February 2026SAR 641.00+SAR 6.00 (+0.94%)
25 February 2026SAR 635.00-SAR 6.00 (-0.94%)
24 February 2026SAR 641.00+SAR 13.00 (+2.07%)

Gold Rate in Other Cities

FAQ

Why is 24K gold not used for jewelry in Dammam?

24K gold is 99.9% pure and extremely soft. If used for jewelry, it would easily bend or break. Jewelers in Dammam recommend 22K or 18K for durability.

Is 24K gold in Dammam a good investment?

Yes, 24K gold bars and coins are the most liquid investment assets in Dammam. They offer the highest resale value because there is no purity loss during melting.

What does 999 purity mean for 24K gold?

999 purity means the gold is 99.9% pure. When buying 24K gold in Dammam, always look for the 999 mark to ensure you are getting investment-grade bullion.

Can I convert my 24K coins into jewelry in Dammam?

Yes, you can take 24K coins to any jeweler in Dammam. They will melt it and add alloys to create 22K or 18K jewelry, though you will pay making charges for the new ornaments.

How can I check if my 24K gold is real in Dammam?

Look for the BIS Hallmark and the 999 purity stamp. You can also visit an acid-testing center or use an XRF machine at reputable gold dealers in Dammam.