Home > Salary > Saudi Arabia > Gold Dealer
A gold dealer is an individual or a company that specializes in buying and selling gold. They are knowledgeable about the gold market, current prices, and trends. Gold dealers may operate from a physical location, such as a jewelry store or a precious metals exchange, or they may conduct business online. Their primary role is to facilitate the purchase and sale of gold, either as bullion or in the form of jewelry, coins, or bars.
Gold dealers need to have a deep understanding of the factors that influence gold prices, such as global economic conditions, geopolitical events, and supply and demand dynamics. They must also possess strong negotiation and communication skills to effectively interact with clients and suppliers. Additionally, gold dealers may offer services like appraisals, refining, and storage of gold for their customers.
Estimated Yearly Salary: 119,903 SAR
Estimated Monthly Salary: 9,992 SAR
Estimated Weekly Salary: 2,306 SAR per week
Estimated Hourly Salary: 58 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,623 SAR
Estimated Weekly Salary: 2,221 SAR per week
Estimated Hourly Salary: 56 SAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 29,925 USD
Estimated Monthly Salary: 2,494 USD
Estimated Weekly Salary: 575 USD per week
Estimated Hourly Salary: 14 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 119,903 SAR
Estimated Monthly Salary: 9,992 SAR
Estimated Weekly Salary: 2,306 SAR per week
Estimated Hourly Salary: 58 SAR per hour
By working as Gold Dealer a person can save up to 1,390 USD per month or 16,682 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Saudi Arabia, see costs of living in Saudi Arabia.
Estimated Yearly Salary for Gold Dealer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Product owner (190,060 SAR per year, pre-tax.)
Certified medical coder (cmc) (87,812 SAR per year, pre-tax.)
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Early childhood special education teacher (69,477 SAR per year, pre-tax.)
Operations manager (149,925 SAR per year, pre-tax.)
Gold Dealer salary in Saudi Arabia
Average Yearly Salary of Gold Dealer in Saudi Arabia is approximately 119,903 SAR (29,925 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Gold Dealer do?
A gold dealer is an individual or a company that specializes in buying and selling gold. They are knowledgeable about the gold market, current prices, and trends. Gold dealers may operate from a physical location, such as a jewelry store or a precious metals exchange, or they may conduct business online. Their primary role is to facilitate the purchase and sale of gold, either as bullion or in the form of jewelry, coins, or bars.
Gold dealers need to have a deep understanding of the factors that influence gold prices, such as global economic conditions, geopolitical events, and supply and demand dynamics. They must also possess strong negotiation and communication skills to effectively interact with clients and suppliers. Additionally, gold dealers may offer services like appraisals, refining, and storage of gold for their customers.
Skills: Gold dealer, Precious metals, Gold market, Bullion, Jewelry, Coins
Job industry: Precious metals
Job industry: Precious metals
How much does Gold Dealer make?
Salary details
How much does Gold Dealer make?Estimated Yearly Salary: 119,903 SAR
Estimated Monthly Salary: 9,992 SAR
Estimated Weekly Salary: 2,306 SAR per week
Estimated Hourly Salary: 58 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 115,480 SAREstimated Monthly Salary: 9,623 SAR
Estimated Weekly Salary: 2,221 SAR per week
Estimated Hourly Salary: 56 SAR per hour
Last revision of data: 2024-01-03Gold Dealer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 29,925 USD
Estimated Monthly Salary: 2,494 USD
Estimated Weekly Salary: 575 USD per week
Estimated Hourly Salary: 14 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is a country located in the Middle East. With a population of approximately 34 million people, it is the 40th most populous country in the world. The nation covers an area of about 2.15 million square kilometers, making it the 13th largest country globally. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south.
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Gold Dealer job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Gold Dealer in Saudi Arabia earns on average:
1.16 times the average salary (or 116% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Gold Dealer job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Gold Dealer in Saudi Arabia earns on average:
1.16 times the average salary (or 116% of average salary).
Is Gold Dealer a well paid job?
Yes, our data show that Gold Dealer is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Gold Dealer?
High salary for Gold Dealer would be somewhere between 131,893 SAR and 173,859 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Gold Dealer in Saudi Arabia?
Living in Saudi Arabia the approximate monthly expenses are: 1,104 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 119,903 SAR
Estimated Monthly Salary: 9,992 SAR
Estimated Weekly Salary: 2,306 SAR per week
Estimated Hourly Salary: 58 SAR per hour
By working as Gold Dealer a person can save up to 1,390 USD per month or 16,682 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Saudi Arabia, see costs of living in Saudi Arabia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Jordan, Iraq, Kuwait, Qatar, Bahrain, United Arab Emirates, Oman, Yemen. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Gold Dealer
Jordan is 10,269 USD
Iraq is 6,477 USD
Kuwait is 14,532 USD
Qatar is 76,160 USD
Bahrain is 19,370 USD
United Arab Emirates is 52,904 USD
Oman is 9,826 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Saudi Arabia
(1,155,796 SAR per year, pre-tax.)
2. Cardiologist
(962,048 SAR per year, pre-tax.)
(923,476 SAR per year, pre-tax.)
4. Neurosurgeon
(900,367 SAR per year, pre-tax.)
(897,041 SAR per year, pre-tax.)
(877,388 SAR per year, pre-tax.)
(874,133 SAR per year, pre-tax.)
(873,498 SAR per year, pre-tax.)
9. Urologist
(873,306 SAR per year, pre-tax.)
(872,951 SAR per year, pre-tax.)
Data as of 2025Random salary:
Product owner (190,060 SAR per year, pre-tax.)
Certified medical coder (cmc) (87,812 SAR per year, pre-tax.)
Director grants (156,380 SAR per year, pre-tax.)
Early childhood special education teacher (69,477 SAR per year, pre-tax.)
Operations manager (149,925 SAR per year, pre-tax.)
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