According to Qatar National Bank (QNB), the gold market in Qatar is booming, with prices rising by 4.86% this week to USD 3,399.30 per ounce. This spike is part of a larger trend in precious metals, as platinum and silver have also seen significant increases.
Gold: The price of gold rose 4.86% to $3,399.30 an ounce.
Silver: Increased by 2.84% from its starting price of USD 32.03 to USD 32.94 per ounce.
Platinum: Increased by 2.33%, from USD 967.55 to USD 990.05 per ounce.
These gains show that the precious metals industry in Qatar has performed well overall, driven by a number of market variables like rising demand and favorable economic conditions.
