Gold rate today in Qatar

How gold is sold in Qatar

Qatar sells gold per gram in riyals. We found no official body that publishes a national daily retail rate, so shops price from the international rate and then add a making charge and their margin. Today the bare international price works out to about 476.55 QAR per gram of 24k gold, 436.86 QAR for 22k and 416.98 QAR for 21k.

Hallmarks: no gold sold without a stamp

Gold is controlled by Law No. 4 of 1978 on the control, testing and hallmarking of precious metals. Under it, gold articles may not be sold, displayed or held for sale unless they carry the hallmark of the Government of Qatar or of a recognised foreign government. The legal gold standards are 23.5, 22, 21, 18, 16, 14 and 12 karat, and an article must contain at least 12 karats of gold (500 parts per thousand) to count as gold.

Testing and stamping are done by the Central Laboratories of the Qatar General Organisation for Standards and Metrology. The Ministry of Commerce and Industry (MoCI) advises buyers to check that the karat is marked on the piece and that the invoice shows it. On 16 September 2026 the Cabinet approved a draft law to replace the 1978 law and sent it to the Shura Council; it would strengthen the standards body's role.

No VAT, but customs duty on imported jewellery

Qatar charges no VAT or sales tax (PwC, reviewed September 2026). A Gulf-wide VAT, expected at 5%, has been discussed, but no start date has been announced. Goods from outside the Gulf normally pay 5% customs duty, and jewellery trade guides list the same 5% for imported gems and jewellery, so duty is part of a shop's cost. The price on this page includes none of these costs.

Shop checks and where gold is sold

MoCI enforces quality. In late 2024 it took gold samples from shops across the country for testing, and selling, displaying or advertising faulty gold can bring up to two years in prison and fines from QAR 3,000 to 1,000,000. In October 2025 its inspectors visited about 94 gold shops and recorded nine violations: shops had hidden gold and held back sales to influence prices, against the Consumer Protection Law. Complaints go to MoCI's call centre on 16001.

In Doha, the Gold Souq in Souq Najada, beside Souq Waqif, opened in July 2018 with about 50 shops under one roof. The Doha Jewellery and Watches Exhibition, organised by Qatar Tourism, is the year's high-end showcase; the 2026 edition ran from 28 September to 3 October at the Doha Exhibition and Convention Centre.

What moves the riyal gold price

The riyal is pegged to the US dollar at 3.64; even during the 2017 market stress, the Qatar Central Bank kept supplying dollars at up to 3.6415 under its peg. So the riyal gold price is the dollar price times a constant, and almost every move you see comes from gold itself. Read what moves gold prices for the global drivers.

Rules for gold traders in Qatar

Investment firms are supervised by the Qatar Financial Markets Authority and the Qatar Central Bank, and firms in the Qatar Financial Centre by the QFC Regulatory Authority. All three have issued public warnings about unlicensed firms, so check a platform's licence before you trade.

Our country guides explain how to check a firm before you open an account.

Trading hours in Arabia Standard Time

The international gold market trades almost around the clock, from Monday morning in Asia to Friday evening in New York. The busiest window, the London–New York overlap, falls today at about 16:00–20:00 AST. That is when US data such as payrolls and inflation is released and the price usually moves most. Qatar is on AST (UTC+3) all year, so the overlap falls in the late afternoon and evening. The gold market hours tool shows every session in your own time zone.

How this QAR gold price is calculated

Three numbers decide everything on this page. First, the international gold price in US dollars per troy ounce: $4,072.1 at the last update. Second, the exchange rate: 1 USD = 3.6400 QAR. Third, the weight: one troy ounce is 31.1035 grams, and one tola is 11.6638 grams.

1. Price per gram in USD = $4,072.1 ÷ 31.1035 = $130.92.
2. Price per gram in QAR = $130.92 × 3.6400 = 476.55 QAR (24k, pure gold).
3. Price per 10 grams = 476.55 × 10 = 4,765.53 QAR.
4. For a lower purity, multiply by the fineness: 22k = 0.9167, 21k = 0.875, 18k = 0.75, 14k = 0.585.

The gold price is the spot price of gold (XAUUSD) from a public real-time feed, refreshed every few seconds while the page is open; the 7-day table and the 30-session chart use COMEX gold futures closes, which usually sit a few dollars above spot. The exchange rate is a mid-market rate; the rate your bank or money changer gives you will be slightly different. If you want to do the maths yourself, our guide to converting the gold price per gram, tola and kilo walks through every step with worked examples.

What this price does not include

The figures above are the international spot price converted into local currency. They are the starting point for every retail price in Qatar, but they are not the price you will pay or receive at a shop. The shop price adds some or all of these on top:

• Import duty or customs charges, where gold or jewellery is imported.
• Sales tax or VAT, where the country charges one. Many countries tax jewellery but not investment bars; the sections above say what applies here.
• Dealer premium: the margin a bullion dealer or bank adds to the spot price for bars and coins, usually larger on small pieces.
• Making charges (labour) on jewellery, often a percentage of the gold value or a fixed amount per gram.
• Local supply and demand, which can push the physical price to a premium or a discount against the international price for weeks at a time.

When you sell, the buyer usually quotes below the spot-based number and deducts for purity testing, wear and sometimes stones. The gap between the buying and the selling price is the real cost of owning physical gold, and it varies a lot between shops, so it is worth asking several.

Frequently asked questions