Qatar gold prices rise by 4.86% this week

Qatar gold prices rise by 4.86% this week

Qatar Living
By Qatar Living

Qatar's gold market is experiencing a significant upswing, with prices soaring by 4.86% this week, hitting USD 3,399.30 per ounce, according to Qatar National Bank (QNB). This surge reflects a broader trend in precious metals, with silver and platinum also posting notable gains.

  • Gold: Increased by 4.86%, reaching USD 3,399.30 per ounce.
  • Silver: Rose by 2.84%, climbing to USD 32.94 per ounce from an initial USD 32.03.
  • Platinum: Gained 2.33%, reaching USD 990.05 per ounce, up from USD 967.55.

These increases indicate a strong performance across the precious metals sector in Qatar, driven by various market factors such as increased demand and economic conditions.

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