Qatar · QAR · May 2026
Gold Price in Qatar — May 2026
In May 2026, the gold price in Qatar closed at approximately ر.ق16,549 per troy ounce, equivalent to ر.ق6,206 per tola or ر.ق532 per gram. This represents a -2.44% change on the month (ر.ق16,963 open → ر.ق16,549 close).
Open
ر.ق16,963
per troy ounce
Close
ر.ق16,549
per troy ounce
High
ر.ق17,376
per troy ounce
Low
ر.ق16,418
per troy ounce
All unit prices at May 2026 close — Qatar
| Unit | Weight | Closing QAR price |
|---|---|---|
| Troy ounce | 31.1035 g | ر.ق16,549 |
| Gram | 1.0000 g | ر.ق532 |
| 10 grams | 10 g | ر.ق5,321 |
| Kilogram | 1,000 g | ر.ق532,059 |
| Tola | 11.664 g | ر.ق6,206 |
Karat-purity breakdown at May 2026 close
| Karat | Per gram | Per tola |
|---|---|---|
| 24KQATAR STD | ر.ق532 | ر.ق6,200 |
| 22K | ر.ق487 | ر.ق5,685 |
| 21K | ر.ق466 | ر.ق5,430 |
| 18K | ر.ق399 | ر.ق4,654 |
| 14K | ر.ق311 | ر.ق3,630 |
| 10K | ر.ق222 | ر.ق2,588 |
Daily gold price in QAR — May 2026
The 2026 gold market: Gold's role in a multi-polar reserve system
2026 finds gold continuing as a structural reserve asset. Central banks remain net buyers. Gold's share of total global reserves has crossed 18 percent — the highest since the 1990s. The post-2022 monetary order, with gold playing a larger role alongside multiple reserve currencies, appears to be consolidating rather than reversing.
Key drivers in 2026
Multi-polar reserve system, central-bank accumulation continuing, AI-era productivity vs monetary expansion debate
The Qatar gold market
Qatar's gold market trades primarily in Doha's Gold Souq Al Wakrah. 24K and 21K purities dominate. Qatar applies a 5% VAT on jewellery making charges; investment-grade bullion (≥99.5%) is exempt.
Standard quote unit
gram
Common purity
24K
Currency
QAR (ر.ق)
Daily gold price — May 2026, Qatar
ر.ق16,963
$4,660.30/oz
ر.ق16,800
$4,615.40/oz
ر.ق16,852
$4,629.80/oz
ر.ق16,810
$4,618.00/oz
ر.ق16,729
$4,595.80/oz
ر.ق17,191
$4,722.80/oz
ر.ق17,340
$4,763.80/oz
ر.ق17,285
$4,748.70/oz
ر.ق17,165
$4,715.70/oz
ر.ق17,165
$4,715.70/oz
ر.ق17,364
$4,770.30/oz
ر.ق17,376
$4,773.50/oz
ر.ق17,204
$4,726.30/oz
ر.ق17,178
$4,719.10/oz
ر.ق16,952
$4,657.10/oz
ر.ق16,530
$4,541.20/oz
ر.ق16,579
$4,554.80/oz
ر.ق16,706
$4,589.60/oz
ر.ق16,706
$4,589.50/oz
ر.ق16,567
$4,551.40/oz
ر.ق16,637
$4,570.70/oz
ر.ق16,532
$4,541.70/oz
ر.ق16,418
$4,510.50/oz
ر.ق16,672
$4,580.10/oz
ر.ق16,674
$4,580.80/oz
ر.ق16,601
$4,560.80/oz
ر.ق16,475
$4,526.10/oz
ر.ق16,438
$4,515.90/oz
ر.ق16,723
$4,594.30/oz
ر.ق16,527
$4,540.30/oz
ر.ق16,549
$4,546.40/oz
How Qatar gold prices are calculated on this page
Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The QAR/USD exchange rate comes from exchangerate-api.com's 2026 year-end snapshot.
Conversion. Every QAR figure on this page is computed as XAU/USD price × QAR/USD rate. We use the year-end exchange rate consistently across all May 2026 prices on this page.
Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).
What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Qatar, add the country-specific levies described in the “Qatargold market” section above.
FAQ — Qatar gold price in May 2026
What was the gold price in Qatar in May 2026?
In May 2026, gold in Qatar opened at ر.ق16,963/oz and closed at ر.ق16,549/oz — a move of -2.44% on the month. Per tola: ≈ر.ق6,206; per gram: ≈ر.ق532; per 10g: ≈ر.ق5,321.
What was the 24K gold rate per tola in Qatar in May 2026?
The 24K gold rate per tola in Qatar at the May 2026 close was approximately ر.ق6,206, derived from international XAU/USD spot of $4,546.40/oz times the 2026-end QAR/USD exchange rate of 3.64. This is pure metal value; final retail rates include local taxes and dealer making charges.
What was the 24K gold rate per gram in Qatar in May 2026?
Qatar's most-quoted retail standard is 24K per gram. At the May 2026 close, that worked out to approximately ر.ق532 (24K pure-metal value). Add local taxes and making charges for the final retail rate.
How was the local currency price calculated?
QAR prices on this page are computed from the verified international XAU/USD spot price for May 2026 (sourced from gold-api.com), multiplied by the 2026-end QAR/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.
Why does the retail price in shops differ from this number?
The ر.ق figures here represent the international gold spot price converted to QAR at the 2026-end exchange rate. Qatar's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.
Want today's rate in Qatar? See live gold prices in Qatar with minute-by-minute updates and per-karat breakdowns.
Different month or year? Use the prev / next buttons above, or jump to the full 2026 archive or the USD-only May 2026 page with the country-by-country list at the bottom.
Other markets? Compare May 2026 prices across other major gold-trading countries: Saudi Arabia, United Arab Emirates, Kuwait, Bahrain, Oman, Egypt.
Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to QAR at the 2026-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Qatar before transacting.