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🇸🇦 Platinum Price Per Gram in Saudi Arabia | ر.س234.63
Platinum price per gram in Saudi Riyal (SAR) — updated every minute
Last updated: May 4, 2026, 01:01 PM ET — Exchange rate: 1 USD = 3.75 SAR
Per Gram (SAR)
ر.س234.63
Per 10 Grams (SAR)
ر.س2,346
Per Troy Oz (SAR)
ر.س7,298
Per Kg (SAR)
ر.س234,634
About Platinum Prices in Saudi Arabia
The platinum price in Saudi Arabia is derived from the international spot price (denominated in USD per troy ounce) and converted to Saudi Riyalat the current exchange rate. Platinum is one of the world's rarest metals — annual mine production is roughly 200 tonnes, compared to 3,300 tonnes of gold.
Approximately 70-75% of the world's platinum is mined in South Africa, making supply conditions in that country a key price driver. Industrial demand — primarily automotive catalysts and emerging hydrogen fuel cell technology — accounts for over 50% of annual consumption. Investment demand via ETFs and bars/coins makes up most of the remainder.
Frequently Asked Questions — Platinum Price in Saudi Arabia
What is the platinum price per gram in Saudi Arabia today?
The platinum price per gram in Saudi Arabia is currently ر.س234.63 (SAR). This is calculated from the international platinum spot price of $1,946.12/troy oz divided by 31.1 grams per troy ounce, then multiplied by the USD/SAR exchange rate.
How much is 10 grams of platinum in Saudi Arabia?
10 grams of platinum is currently worth ر.س2,346.34 in Saudi Arabia. Platinum is rarer than gold — approximately 30 times rarer — but currently trades below gold due to shifts in automotive catalyst demand.
How much is 1 kilogram of platinum in Saudi Arabia?
One kilogram of platinum is currently worth ر.س234,634 in Saudi Arabia (SAR). One-kilogram platinum bars are sold by major refineries and are a popular form for institutional investors.
Is platinum more expensive than gold in Saudi Arabia?
At current prices, platinum ($1,946.12/oz) trades below gold. Historically, platinum commanded a substantial premium over gold, and many analysts view the current discount as representing long-term value. The gold/platinum ratio currently stands at approximately 2.3:1.