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:
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24K Gold: QAR 389.71
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22K Gold: QAR 357.76
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21K Gold: QAR 341.00
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18K Gold: QAR 292.28
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14K Gold: QAR 227.98
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10K Gold: QAR 162.51
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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:
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Per Tola (24K): QAR 4,545.52
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Per Ounce (24K): QAR 12,120.04
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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.
©Gulf DN