Treasured Metals and Gem stones Legislation Up to date in Saudi Arabia—Efficient October 2025
The Ministry of Commerce and the Ministry of Trade and Mineral Assets have introduced the beginning of implementing Cupboard Decision No. (269), which amends a number of articles of the Treasured Metals and Gem stones Legislation. The choice will take impact on October 11, 2025.
In keeping with the amendments:
➤ The Ministry of Commerce will oversee the commerce of treasured metals, treasured stones, and associated merchandise, together with gadgets painted, worn, or inlaid with them. It’s going to even be chargeable for monitoring gross sales retailers.
➤ The Ministry of Trade and Mineral Assets will supervise the manufacturing course of of those merchandise and examine industrial amenities concerned in manufacturing.
The amendments additionally state that nobody can manufacture treasured metals or gems with out acquiring an industrial license from the Ministry of Trade and Mineral Assets. Moreover, the Ministry of Commerce, in settlement with the Ministry of Trade and Mineral Assets, has licensed homeowners of such merchandise to make use of registered distinctive stamp marks as specified within the laws.
The up to date laws embody a number of new provisions:
🔘 The authorized caliber will not be legitimate if a deficiency of greater than 4 shares is discovered.
🔘 Every bit containing treasured stones will need to have an identification card displaying all required disclosure particulars.
The laws additionally require:
■ Companies to subject a particular bill when shopping for gadgets from people. This bill should embody the vendor’s identify, ID quantity, and nationality, together with the same old shopper sale necessities.
■ Shops to allocate a separate show space for used jewellery that accommodates artificial or single diamonds.
