Update : 8 May, 2025 09:21
Gold Prices in Qatar on May 8, 2025: Current Rates and Trends

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

Gold Prices in Qatar on May 8, 2025

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.