How We Calculate the Gold Price
Source
Prices come from a precious-metals data provider: AlyawmGold (alyawmgold.com), converted to Saudi Riyal. We show the value as the provider supplies it, with no adjustment or margin added.
From ounce to gram and karat
24K gram price = ounce price ÷ 31.1035. Other karats: 22K = 24K price × 22/24, 21K × 21/24, 18K × 18/24. Gold pound = gram price × 8.
How often does the price update?
The price refreshes automatically about every 5 minutes, and the time of the last update is shown at the top of every page. We also record a daily price to build the price history.
What the price does not include
The price excludes making charges, minting premiums, taxes and fees, and may differ from jewelry-shop prices. Content is for general information, not investment advice.
Corrections and contact
If you notice an error in a price or explanation, contact us through the channels in the footer.