What gold carat do Saudi shoppers prefer for daily adornment?

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Saudi Shoppers Show Preference for 21-Carat Gold for Daily Adornment

Saudi shoppers are demonstrating a notable interest in purchasing gold for daily adornment, with a particular inclination towards 21-carat pieces. This preference extends to bracelets, bangles, and delicate gold sets, as well as white gold items designed for everyday wear, driven by the approaching Eid al-Fitr celebrations and established social traditions.
Demand for 21-Carat Gold

Experts in the Saudi gold market highlight that 21-carat gold is currently the most sought-after for personal adornment and daily use. This preference is evident as shoppers actively seek out items like bracelets and bangles in this specific caratage, alongside delicate designs suitable for regular wear.
Broader Shopping Trends

Beyond daily wear, the period leading up to Eid al-Fitr has seen a surge in activity across Jeddah's gold markets. While 21-carat gold leads for personal adornment, shoppers also express interest in 18-carat gold sets and white gold options. Some consumers are also acquiring luxurious sets intended as gifts for family occasions and celebrations.
Market Prices and Influences

The demand for gold ornaments continues to rise during Ramadan, culminating in the days before Eid al-Fitr, despite global increases in gold prices. Current local market prices indicate that 21-carat gold is priced at SAR529.59 per gram, while 18-carat gold is at SAR453.94 per gram, and 24-carat gold stands at SAR605.25 per gram. Gold maintains its status as a favoured gift due to its aesthetic and social significance.

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What gold carat do Saudi shoppers prefer for daily adornment?

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