Gold bars
The World Gold Council (WGC) said in a recent report that purchases of gold bars and coins in Saudi Arabia declined to 3.4 tons in the second quarter of 2025, marking a 19% decline compared to the same quarter in 2024. 
The decline follows two consecutive quarters of growth in gold bar and coin purchases in the Kingdom, with a quarter-on-quarter drop of 23%, as shown in the following table:
Purchases of Gold Bard
Period
Weight (tons)
Change
Q1 2024
3.8
—
Q2
4.2
+11%
Q3
3.2
(24%)
Q4
3.7
+16%
Q1 2025
4.4
+19%
Q2
3.4
(23%)
In 2024, Saudi Arabia’s purchases of gold bars and coins have hit their highest levels since 2014.
Evolution of Gold Bar, Coin Purchases in Saudi Arabia:
Period
Weight (Tons)
Change
2010
14.55
—
2011
17.71
22%
2012
16.93
(4%)
2013
18.30
8%
2014
15.65
(14%)
2015
14.92
(5%)
2016
10.81
(28%)
2017
9.93
(8%)
2018
10.18
3%
2019
8.84
(13%)
2020
8.40
(5%)
2021
10.90
30%
2022
12.20
12%
2023
14.13
16%
2024
15.37
9%
According to the report, global purchases of gold bars and coins reached 306.8 tons in the second quarter of 2025, representing an 11% increase compared to 275.2 tons in Q2 2024.
Gold bars
The World Gold Council (WGC) said in a recent report that purchases of gold bars and coins in Saudi Arabia declined to 3.4 tons in the second quarter of 2025, marking a 19% decline compared to the same quarter in 2024.
The decline follows two consecutive quarters of growth in gold bar and coin purchases in the Kingdom, with a quarter-on-quarter drop of 23%, as shown in the following table:
Purchases of Gold Bard
Period
Weight (tons)
Change
Q1 2024
3.8
—
Q2
4.2
+11%
Q3
3.2
(24%)
Q4
3.7
+16%
Q1 2025
4.4
+19%
Q2
3.4
(23%)
In 2024, Saudi Arabia’s purchases of gold bars and coins have hit their highest levels since 2014.
Evolution of Gold Bar, Coin Purchases in Saudi Arabia:
Period
Weight (Tons)
Change
2010
14.55
—
2011
17.71
22%
2012
16.93
(4%)
2013
18.30
8%
2014
15.65
(14%)
2015
14.92
(5%)
2016
10.81
(28%)
2017
9.93
(8%)
2018
10.18
3%
2019
8.84
(13%)
2020
8.40
(5%)
2021
10.90
30%
2022
12.20
12%
2023
14.13
16%
2024
15.37
9%
According to the report, global purchases of gold bars and coins reached 306.8 tons in the second quarter of 2025, representing an 11% increase compared to 275.2 tons in Q2 2024.
