Thu, 15 May, 2025

Gold Prices in Qatar on May 8, 2025: Current Rates and Trends

Gold Prices in Qatar on May 8, 2025
Updated
08, May 2025, 09:22
Published
Published : 08, May 2025, 09:21

Doha, May 8, 2025Gold prices in Qatar have shown notable movement today, reflecting ongoing fluctuations in the global precious metals market. According to GoldPriceQatar.com, the current rates for various gold purities are as follows:

Current Gold Rates in Qatar:

Purity Per Gram (QAR) Per Tola (QAR)
24K 408.00 4,770.50
22K 380.00 4,438.08
21K 360.34 4,236.35
18K 310.90 3,631.15
14K 242.14 2,824.23
10K 172.95 2,017.31

Recent Price Trends:

Analyzing the recent trends, the 24K gold price per gram has experienced fluctuations over the past week:

  • May 7, 2025: QAR 409.00

  • May 6, 2025: QAR 403.00

  • May 5, 2025: QAR 398.00

  • May 4, 2025: QAR 398.00

  • May 3, 2025: QAR 398.00

  • May 2, 2025: QAR 408.00

  • May 1, 2025: QAR 408.00

These variations highlight the dynamic nature of the gold market, influenced by global economic factors, currency exchange rates, and geopolitical events.

Market Insights:

The slight decrease in gold prices today compared to the previous day may be attributed to adjustments in international markets and investor sentiment. Gold continues to be a preferred investment choice, offering a hedge against inflation and currency fluctuations.

Conclusion:

Staying informed about daily gold rates is crucial for investors, jewelers, and consumers in Qatar. Regular updates on gold prices can aid in making timely decisions regarding purchases and investments.

Topic:

Dubai Gold Prices Hit 30-Day Low, But Shoppers Await Further Drops

PC: Freepik
Updated 08, May 2025, 09:22
GDN Desk

Dubai, UAE – May 15, 2025
Gold prices in Dubai have dipped to their lowest in 30 days, with 22K gold priced at Dh352 per gram, marking a significant decrease of Dh8.25 in just 24 hours. This decline is attributed to a sharp fall in global bullion rates.

Despite this drop, many UAE shoppers remain hesitant, recalling prices from March when rates dipped below Dh340 per gram. Retailers note that even with reduced or waived making charges, consumer demand remains subdued.

"Shoppers have been sitting on the sidelines this week," said a jewellery retailer. "The sentiment among shoppers is that the Dubai gold rate can drop even further."

Industry experts suggest that a realistic price for gold would be between $3,000 and $3,100 per ounce, while the current level hovers around $3,150.

Retailers anticipate that continued price softness may lead to promotional offers ahead of the summer holidays. "If these savings can help lower the per gram price by another Dh3-Dh5, then that can help shoppers," noted a retailer.

For now, consumers are closely monitoring the market, hoping for further declines before making purchases.


Gold Prices in Qatar Experience Slight Dip on May 14, 2025

Updated 08, May 2025, 09:22

Doha, May 14, 2025 — Gold prices in Qatar have seen a modest decrease, presenting potential opportunities for buyers. Market analysts attribute this fluctuation to ongoing global economic uncertainties and shifts in central bank policies.

Despite the recent dip, gold continues to be viewed as a reliable safe haven asset. Experts suggest that price movements may stabilize soon, but advise consumers to stay informed about market trends.

Current Gold Prices in Qatar:

  • 18K Gold:

    • Sky Jewellery: QAR 299.00 per gram

    • Shine Gold and Diamonds: QAR 299.00 per gram

  • 21K Gold:

    • Shine Gold and Diamonds: QAR 345.50 per gram

  • 22K Gold:

    • Malabar Gold & Diamonds: QAR 365.50 per gram

    • Sky Jewellery: QAR 365.50 per gram

    • Shine Gold and Diamonds: QAR 365.50 per gram

    • Kalyan Jewellers: QAR 365.50 per gram

  • 24K Gold:

    • Malabar Gold & Diamonds: QAR 392.00 per gram

    • Sky Jewellery: QAR 392.00 per gram

    • Shine Gold and Diamonds: QAR 392.00 per gram

Local gold traders in Doha report steady demand ahead of Eid, as residents take advantage of seasonal offers and prepare for festive purchases. Retailers note that prices may continue to fluctuate in the coming days, influenced by international trends and local supply dynamics.


Gold Prices Plummet Over $100 — Will Dubai Gold Rate See Further Drop?

Updated 08, May 2025, 09:22

Dubai, May 11, 2025 – Global gold prices witnessed one of their steepest single-day declines this year, tumbling by a staggering $102 to $3,225 an ounce, following reports of an interim tariff deal between the US and China.

The sharp correction comes after months of steady gains that had driven gold past the $3,500 mark, leaving investors and buyers questioning whether this is the start of a long-term correction or a temporary dip.

Dubai Gold Rate Reacts with Dh12 Drop

The Dubai Gold Rate now stands at Dh359.25 per gram for 22K gold, marking a Dh12 per gram decrease compared to last evening.

“There is a massive Dh12 a gram difference between the Dubai gold rate now and what it was last evening,” confirmed Anil Dhanak, Managing Director of Kanz Jewels. “However, I don’t believe UAE shoppers will immediately flock to gold stores just because of this drop. Many still prefer to wait for occasions and budget their spending accordingly.”

Tourists, however, continue to make decisions based on:

  • Price differences with their home countries,

  • Purity standards of Dubai’s gold,

  • Design variety — including Italian, Turkish, and Korean collections — which often surpass what is available in their local markets.

Market Analysts: 'Gold is Finding its Right Level'

Commodities analysts are closely watching to see if this correction will hold. The consensus is that gold's surge was largely fueled by concerns over tariff tensions and a weakening dollar — issues that had intensified in April and early May.

The recent breakthrough in US-China trade discussions may now be prompting the market to "cut the fat," potentially adjusting gold back to more stable levels.

Temporary Dip or Trend Shift?

While this isn't the first price correction in 2025 — previous declines of $50 to $75 had also occurred — those dips were quickly reversed with overnight price rebounds. Whether the latest drop represents a true market reversal remains uncertain.

So, will gold continue to slide or bounce back in the coming hours? Buyers, investors, and analysts alike are watching closely.

Topic:

Saudi Arabia Gold Rate Today, No Rush, No Dip – A Quiet Day for Buyers

Gold Buyers in Saudi Arabia Welcome a Stable Sunday
Updated 08, May 2025, 09:22

Gold prices in Saudi Arabia remained stable on Sunday, 11 May 2025, reflecting steady global market conditions. The price of 24-karat gold stood at SAR 401.02 per gram, showing no significant change from the previous day's rate. Other purities also maintained their prices, indicating a balanced market influenced by consistent international demand and currency exchange rates.

Current Gold Rates in Saudi Arabia

According to LivePriceofGold.com, the gold prices per gram in Saudi Riyals (SAR) are as follows:

  • 24K Gold: SAR 401.02

  • 22K Gold: SAR 368.14

  • 21K Gold: SAR 350.90

  • 18K Gold: SAR 300.77

  • 14K Gold: SAR 234.60

  • 10K Gold: SAR 167.23

  • 6K Gold: SAR 100.26

These rates suggest a stable market, with minor fluctuations attributed to international economic factors and currency exchange rates.

Gold Prices in Other Units

For those interested in purchasing gold in different quantities, here are the current prices:

  • Per Tola (24K): SAR 4,677.46

  • Per Ounce (24K): SAR 12,471.84

  • Per Kilogram (24K): SAR 401,023.84

Market Overview

The stability in gold prices aligns with global trends, where investors are maintaining their positions in precious metals as a hedge against market volatility. In Saudi Arabia, the demand for gold remains robust, driven by both investment and cultural factors.


Dubai Gold Prices Rise Slightly on 11 May 2025

Dubai Gold Rate Today, 11 May 2025 – 24K at AED 392.72
Updated 08, May 2025, 09:22

According to LivePriceofGold.com, the gold prices per gram in United Arab Emirates Dirhams (AED) are as follows:

  • 24K Gold: AED 392.72

  • 22K Gold: AED 360.51

  • 21K Gold: AED 343.63

  • 18K Gold: AED 294.54

  • 14K Gold: AED 229.74

  • 10K Gold: AED 163.76

  • 6K Gold: AED 98.18

These rates indicate a steady market, with minor fluctuations attributed to international economic factors and currency exchange rates.

Gold Prices in Other Units

For those interested in purchasing gold in different quantities, here are the current prices:

  • Per Tola (24K): AED 4,580.57

  • Per Ounce (24K): AED 12,213.48

  • Per Kilogram (24K): AED 392,716.40L

Market Overview

The slight increase in gold prices aligns with global trends, where investors are turning to precious metals as a hedge against market volatility. In Dubai, the demand for gold remains robust, driven by both investment and cultural factors.

Conclusion

Staying informed about daily gold rates is crucial for investors and consumers alike. With the current rates showing a positive trend, it may be an opportune time for those considering gold purchases.


Qatar Gold Rates Stay Firm – Smart Time for Steady Investments

Qatar Gold Rate Today, 11 May 2025 – 24K at QAR 389.71
Updated 08, May 2025, 09:22

Gold prices in Qatar remained stable on Sunday, 11 May 2025, reflecting steady global market conditions. The price of 24-karat gold stood at QAR 389.71 per gram, showing no significant change from the previous day's rate. Other purities also maintained their prices, indicating a balanced market influenced by consistent international demand and currency exchange rates.

Current Gold Rates in Qatar

According to LivePriceofGold.com, the gold prices per gram in Qatari Riyals (QAR) are as follows:

  • 24K Gold: QAR 389.71

  • 22K Gold: QAR 357.76

  • 21K Gold: QAR 341.00

  • 18K Gold: QAR 292.28

  • 14K Gold: QAR 227.98

  • 10K Gold: QAR 162.51

  • 6K Gold: QAR 97.43

These rates suggest a stable market, with minor fluctuations attributed to international economic factors and currency exchange rates.

Gold Prices in Other Units

For those interested in purchasing gold in different quantities, here are the current prices:

  • Per Tola (24K): QAR 4,545.52

  • Per Ounce (24K): QAR 12,120.04

  • Per Kilogram (24K): QAR 389,712.03

Market Overview

The stability in gold prices aligns with global trends, where investors are maintaining their positions in precious metals as a hedge against market volatility. In Qatar, the demand for gold remains robust, driven by both investment and cultural factors.

Conclusion

Staying informed about daily gold rates is crucial for investors and consumers alike. With the current rates showing stability, it may be an opportune time for those considering gold purchases.


Saudi Arabia Gold Price Today – May 10, 2025

Updated 08, May 2025, 09:22

Riyadh, Saudi Arabia – May 10, 2025:
Gold prices in Saudi Arabia have experienced slight fluctuations today, reflecting the dynamic nature of global precious metal markets.

Below are the current retail gold rates in Saudi Riyals (SAR) per gram:

  • 24K Gold: SAR 401.02

  • 22K Gold: SAR 368.14

  • 21K Gold: SAR 350.90

  • 18K Gold: SAR 300.77

These rates are indicative and may vary slightly across different cities such as Riyadh, Jeddah, and Dammam, depending on local market conditions and seller premiums.


📊 Market Overview

The modest changes in gold prices today are influenced by various global economic factors, including currency fluctuations and investor sentiment towards safe-haven assets. Gold continues to be a preferred investment choice for many, offering a hedge against inflation and economic uncertainties.


💡 Investment Tips

  • Monitor Trends: Keep an eye on daily gold price movements to make informed purchasing decisions.

  • Compare Prices: Check rates across multiple vendors to ensure competitive pricing.

  • Consider Purity: Choose the gold purity (24K, 22K, etc.) that best suits your investment or jewelry needs.


Dubai Gold Prices on May 10, 2025: Market Overview

Gold price in Dubai today.
Updated 08, May 2025, 09:22

Gold prices in Dubai rose slightly on Saturday, 10 May 2025, following trends in the global bullion market. The price of 24K gold stood at AED 392.72 per gram, with similar increases seen in other gold purities. The UAE market remains active, supported by steady demand from both residents and visitors.

Today’s Gold Prices in Dubai (Per Gram)

  • 24K – AED 392.72
  • 22K – AED 360.51
  • 21K – AED 343.63
  • 18K – AED 294.54
  • 14K – AED 229.74
  • 10K – AED 163.76
  • 6K – AED 98.18

Market Overview

The gold market in Dubai continues to reflect international pricing patterns. With ongoing economic uncertainties, many investors are turning to gold as a safe haven. The city's tax-free pricing and competitive rates make it a reliable destination for buying gold.

Despite minor price fluctuations, the overall sentiment remains positive, with stable retail activity across major gold souks and malls.

Buyer Insight

Customers in Dubai are keeping a close eye on price trends, especially those looking to make purchases for weddings, gifts, or savings. With 24K gold staying near the AED 390 mark, many buyers are entering the market gradually.

Jewellery stores report consistent inquiries, and experts advise buyers to stay updated on market trends to time their purchases effectively.


Latest Gold Prices in Qatar Today – Market Update for May 10, 2025

Qatar Gold Price Today – 10 May 2025 | Live 24K, 22K, 18K Rates
Updated 08, May 2025, 09:22

Gold prices in Qatar have experienced a modest uptick today, reflecting global market dynamics and investor sentiment. As of the latest update, the price of 24-karat gold stands at QAR 389.71 per gram, marking an increase of QAR 4.11 from the previous day's rate.

Current Gold Rates in Qatar

According to LivePriceofGold.com, the gold prices per gram in Qatari Riyals (QAR) are as follows:

  • 24K Gold: QAR 389.71
  • 22K Gold: QAR 357.76
  • 21K Gold: QAR 341.00
  • 18K Gold: QAR 292.28
  • 14K Gold: QAR 227.98
  • 10K Gold: QAR 162.51
  • 6K Gold: QAR 97.43

These rates indicate a steady market, with minor fluctuations attributed to international economic factors and currency exchange rates.

Gold Prices in Other Units

For those interested in purchasing gold in different quantities, here are the current prices:

  • Per Tola (24K): QAR 4,545.52
  • Per Ounce (24K): QAR 12,120.04
  • Per Kilogram (24K): QAR 389,712.03

Market Overview

The slight increase in gold prices aligns with global trends, where investors are turning to precious metals as a hedge against market volatility. In Qatar, the demand for gold remains robust, driven by both investment and cultural factors.

Conclusion

Staying informed about daily gold rates is crucial for investors and consumers alike. With the current rates showing a positive trend, it may be an opportune time for those considering gold purchases.


Saudi Arabia Gold Price Update – May 9, 2025

Updated 08, May 2025, 09:22

As of May 9, 2025, gold prices in Saudi Arabia have experienced a slight uptick, reflecting ongoing global market dynamics.

🟡 Current Gold Rates in Saudi Arabia (SAR per gram):

  • 24K Gold: SAR 401.01

  • 22K Gold: SAR 368.12

  • 21K Gold: SAR 350.88

  • 18K Gold: SAR 300.75

Source: LivePriceofGold.com

📈 Price Movement:

Compared to the previous day's rates, gold prices have shown a modest increase:

  • 24K Gold: Up by SAR 4.50

  • 22K Gold: Up by SAR 4.13

  • 21K Gold: Up by SAR 3.94

  • 18K Gold: Up by SAR 3.37

🌍 Market Insights:

The recent increase in gold prices can be attributed to various global factors, including fluctuations in currency exchange rates, geopolitical tensions, and changes in demand and supply dynamics. Investors and consumers are advised to monitor these trends closely to make informed decisions.

🛍️ Buying Tips:

  • Stay Updated: Regularly check reputable sources for the latest gold prices.

  • Compare Rates: Different vendors may offer varying rates; it's beneficial to compare before purchasing.

  • Understand Purity: Ensure you're aware of the gold's karat to assess its purity and value accurately.


Slight Drop in Qatar Gold Rates Today – 9 May 2025 Update

Gold price in qatar today
Updated 08, May 2025, 09:22

Gold prices in Qatar have experienced a modest uptick today, reflecting global market dynamics and investor sentiment. As of the latest update, the price of 24-karat gold stands at QAR 389.01 per gram, marking an increase of QAR 2.83 from the previous day's rate.

Current Gold Rates in Qatar

According to LivePriceofGold.com, the gold prices per gram in Qatari Riyals (QAR) are as follows:

  • 24K Gold: QAR 389.01

  • 22K Gold: QAR 357.11

  • 21K Gold: QAR 340.38

  • 18K Gold: QAR 291.76

  • 14K Gold: QAR 227.57

  • 10K Gold: QAR 162.22

  • 6K Gold: QAR 97.25

These rates indicate a steady market, with minor fluctuations attributed to international economic factors and currency exchange rates.

Gold Prices in Other Units

For those interested in purchasing gold in different quantities, here are the current prices:

  • Per Tola (24K): QAR 4,537.33

  • Per Ounce (24K): QAR 12,098.21

  • Per Kilogram (24K): QAR 389,009.97Live Price of Gold

Market Overview

The slight increase in gold prices aligns with global trends, where investors are turning to precious metals as a hedge against market volatility. In Qatar, the demand for gold remains robust, driven by both investment and cultural factors.

Conclusion

Staying informed about daily gold rates is crucial for investors and consumers alike. With the current rates showing a positive trend, it may be an opportune time for those considering gold purchases.


Dubai Gold Prices Drop Nearly Dh11 in 24 Hours – 9 May 2025

Updated 08, May 2025, 09:22

Dubai, UAE – May 8, 2025:
The Dubai Gold Rate has witnessed one of its sharpest single-day declines in recent weeks, falling by almost Dh11 per gram. However, many UAE gold shoppers are still waiting for further drops before making their next jewellery purchase.

The price of 22K gold in Dubai now stands at Dh367.75 per gram, a notable decrease from Dh378.50 on May 7. That previous level was just shy of the record high of Dh381.75 per gram, which was also reached earlier this week.

🛍️ Shoppers Waiting for Lower Gold Prices

Despite the recent dip, buyer sentiment suggests most are not ready to return to gold jewellery stores unless prices fall to around Dh350–Dh355 per gram.

“There is an impression that anything above Dh370 – and even Dh360 – is inflated and shoppers are reluctant to buy in at these levels,” said a gold retailer. “They only made an exception on April 30 because it was Akshaya Trithiya, when 22K gold was at Dh369.”

📉 Will Gold Rates in Dubai Drop Further?

Retailers note that based on market trends, there is a strong possibility of gold touching Dh360, and even Dh355 per gram in the short term. However, reaching Dh350 might be more challenging.

In the past 30 days, the lowest recorded gold price was Dh351.25 per gram, seen on April 10, according to price trackers.

🛒 Tourist Shopping Could Rise

The recent drop in gold rates might attract more tourists to Dubai's Gold Souq and major jewellery retailers.

“Whatever tourist shopping we see is done through buying new gold jewellery," said Anil Dhanak, Managing Director at Kanz Jewels. “Out of every 10 purchases by a tourist, one or two would be through gold exchanges, at least that's what we see at our stores.”

🧍‍♂️ UAE Residents Still in Wait-and-Watch Mode

Unlike tourists, UAE residents are taking a cautious approach, waiting for prices to drop further. Retailers believe a dip to Dh360 or below could potentially bring more local buyers back into the market — but Dh350 may be the real trigger point for increased demand.

Topic:

Dubai Gold Prices Near Record Highs Amid Global Economic Uncertainty

PC: Freepik
Updated 08, May 2025, 09:22
GDN Desk

Dubai, UAE – May 8, 2025
Gold prices in Dubai have surged close to their all-time highs, influenced by global economic uncertainties and recent signals from the U.S. Federal Reserve. The current rate for 22-karat gold stands at Dh376.5 per gram, while 24-karat gold is priced at Dh406.5 per gram, approaching the previous peak of Dh381.5 recorded on April 21.

The U.S. Federal Reserve's recent decision to maintain interest rates, coupled with warnings about potential inflation and unemployment risks, has heightened investor concerns. This economic uncertainty has bolstered gold's appeal as a safe-haven asset, leading to increased demand and higher prices.

Additionally, ongoing geopolitical tensions and trade discussions have further contributed to the upward pressure on gold prices. Analysts suggest that these factors may continue to influence the market in the coming weeks.

The rising gold prices have led to a noticeable shift in consumer behavior within the UAE. Many shoppers are postponing purchases or exploring alternative options, such as lighter gold jewelry or different gemstones. Retailers in Dubai's Gold Souk report a decline in traditional 22-karat gold jewelry sales, with some consumers turning their attention to diamonds and other alternatives.

Market experts anticipate that gold prices may remain elevated in the near term, especially if global economic uncertainties persist. However, any signs of economic stabilization or policy shifts could lead to price adjustments. Consumers are advised to stay informed and consider market trends when making purchasing decisions.