Doha — The gold price in the Qatari market climbed 2.27% this week, reaching USD 3,527.57 per ounce on Thursday, according to data from Qatar National Bank (QNB). The rise follows last Sunday’s level of USD 3,449.24 per ounce, reflecting growing demand for safe-haven assets.
Other precious metals also posted weekly gains. Silver advanced 2.44% to USD 40.69 per ounce, compared to USD 39.72 at the start of the week. Platinum saw the sharpest increase, rising 2.75% to USD 1,409.03 per ounce, up from USD 1,371.28 at the week’s opening.
The upward movement comes amid heightened global economic uncertainty and fluctuating currency markets, factors that continue to boost investor appetite for precious metals. Analysts note that gold’s strong performance in the Qatari market reflects both international price dynamics and regional demand trends, reinforcing its role as a key hedge for investors.
