Is It Cheaper To Buy Gold In Saudi Arabia

Designer jewellery in saudi arabia.

Is it cheaper to buy gold in saudi arabia. Let me tell you why it is cheap to buy gold in saudi arabia. The most famous thing to buy in saudi arabia for your friends and family members living out of saudi arabia is obviously dates which you can buy from madina at very cheap rates. After all the sales tax or vat is only 5 the gold jewelry is of high quality competition is high and the labor cheap making gold more affordable than in some other hubs.

Secondly the rate of vat in saudi arabia is just 5 as compared to 12 in india and 17 in pakistan which is another reason gold is cheap in saudi arabia. We design to make women feel special and look extraordinary. We design to be an integral part of every woman s life and evolve charm.

With the lowest making charges our online jewellery shopping store in saudi designs each piece with the utmost care. Always buy gold from the gold market in saudi arabia. At sona gold and diamonds we have something for everyone.

Whether you are an expat overseas worker or a visitor on a religious pilgrimage be sure to take the opportunity to buy gold in saudi arabia. You can buy them in almost all of the major shopping malls but if you really want the best bargains consider paying a visit to the souks. Gold prices in saudi arabia are updated at sunday 17 january 2021 03 00 am gmt sunday 17 january 2021 06 00 am riyadh time 1 ounce gold 6 855 42 saudi arabian riyal.

Saudi arabia has high quality gold reserves so they do not have to import it.