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24K Gold Rate in Dammam Today (18 October 2026)

Today’s prices

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Updated: 18 Oct 2026, 01:03
24K Gold
-SAR 2.00 (-0.39%)
SAR 517.00 / g
10g: SAR 5,170.00

Today's Gold Price by Weight

Weight24K (999)
1 gramSAR 517.00
8 gramsSAR 4,136.00
10 gramsSAR 5,170.00
1 Tola (11.664g)SAR 6,030.29
100 gramsSAR 51,700.00

Disclaimer: Rates are indicative and may vary by jeweller. Making charges and local taxes may apply.

Market Analysis

Today's gold rate in Dammam is SAR 473.00 per gram for 22k gold. The price has decreased by 0.42% compared to yesterday. Over the last 30 days, the highest recorded rate was SAR 476.00 on 12 October and the lowest was SAR 466.00 on 15 October. The market has shown moderate volatility of 2.15% 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 SAR 517.00 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 509.00 • High: SAR 520.00
SAR 521.65SAR 518.08SAR 514.50SAR 510.93SAR 507.3509 October 202618 October 2026
DatePrice / gChange / g
18 October 2026SAR 517.00-SAR 2.00 (-0.39%)
17 October 2026SAR 519.00+SAR 4.00 (+0.78%)
16 October 2026SAR 515.00+SAR 6.00 (+1.18%)
15 October 2026SAR 509.00-SAR 8.00 (-1.55%)
14 October 2026SAR 517.00SAR 0.00 (+0.00%)
13 October 2026SAR 517.00-SAR 3.00 (-0.58%)
12 October 2026SAR 520.00SAR 0.00 (+0.00%)
11 October 2026SAR 520.00SAR 0.00 (+0.00%)
10 October 2026SAR 520.00+SAR 9.00 (+1.76%)
09 October 2026SAR 511.00+SAR 2.00 (+0.39%)

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.