🇸🇦 Saudi Arabia
Platinum Price in Saudi Arabia Today (SAR)
Live platinum spot rate in Saudi Arabia, quoted in SAR. Updated every minute.
Platinum per Gram
SAR 220.51
SAR · Saudi Arabia · updated live
Platinum / Gram
SAR 220.51
Platinum / Troy Ounce
SAR 6,858.50
Platinum / Tola
SAR 2,571.94
Platinum / Kilogram
SAR 220,506.04
Platinum price in Saudi Arabia by unit
Global platinum per unit
About platinum in Saudi Arabia
Platinum market in Saudi Arabia
The platinum market in Saudi Arabia tracks the London Bullion Market Association (LBMA) spot benchmark. Retail rates are converted from USD into SAR using the daily interbank exchange rate, then adjusted for local premiums, dealer margins and demand.
Taxes and import duties
Import duty and value-added tax in Saudi Arabia vary by platinum form. Investment-grade bullion (platinum of 99.95% purity or higher) is often exempt from VAT in many jurisdictions, while jewellery attracts standard VAT plus a making charge.
Popular purities
Investment platinum in Saudi Arabia is typically sold as 99.95%-pure bars and coins from LBMA-accredited refiners. Always request an assay certificate.
Where to buy platinum in Saudi Arabia
Licensed bullion dealers, national mints, major bank branches and government-authorised jewellery associations are the safest routes in Saudi Arabia. Online marketplaces and unlisted shops carry higher counterfeit risk and wider spreads.
Buying tip
Compare the shop's quoted per-gram rate against the live LBMA spot converted at the day's SAR rate. A premium over spot of 3–7% for coins and 1–4% for bars is normal — anything higher is usually the making charge.