Is zakat obligatory this year on an amount of 33,000 Saudi Riyals that was withdrawn from the bank and used to purchase gold a month ago, knowing that the zakat payer purifies his wealth every year in the month of Ramadan?

The gold that was purchased is considered to have its zakat (definition) year (hawl) revolve around the price at which it was bought. If a year passes on the money saved in the bank, the weight of the gold must be determined. If its weight reaches eighty-five grams or more, then zakat becomes obligatory on it. It is permissible to pay it in cash after ascertaining the market value of the gold at the time zakat becomes due. The nisab (definition) (minimum threshold) for gold is eighty-five grams, and the amount obligatory to be paid is a quarter of a tenth (2.5%).