How gold is priced in Qatar
Gold in Qatar is priced in riyals per gram for 24K, 22K, 21K and 18K. The riyal is pegged at 3.64 to the dollar, so local gram prices track the international price closely; shops add making charges.
Taxes
Qatar has no VAT — it has not been introduced and no start date has been set. Imported jewellery typically pays 5% customs duty.
Regulation
Hallmarking is governed by Law No. 4 of 1978. A new precious-metals and gemstones law was approved by the Cabinet in September 2026 and sent to the Shura Council; it is not yet in force.
Tax and duty information last reviewed October 2026. Rules change — confirm with your dealer or tax authority before a large purchase.
Gold value calculator · QAR
How we calculate
Spot gold (USD per troy ounce of pure gold) × today's USD/QAR rate × purity × weight ÷ 31.1035 g. That is the metal value; shop prices add making charges, dealer margins and any taxes described on this page.
What is the gold rate in Qatar today?
At the international spot price (Oct 31, 2026, 00:55 AST): about QAR 453.69 for 24K gold, QAR 415.58 for 22K gold and QAR 396.98 for 21K gold, per gram. The riyal is pegged at 3.64 to the dollar, so shop rates follow the international price closely. Qatar has no VAT; jewellery adds making charges.
Is there VAT on gold in Qatar?
No. Qatar has not introduced VAT.
Why does the Qatar gold price follow the dollar price?
The riyal is pegged at 3.64 per US dollar, so riyal gold prices move with the international gold price.
What karats are sold in Qatar?
21K and 22K are most common for jewellery, 18K for lighter and gem-set pieces, and 24K for bars and coins.
What is the highest gold price ever in Qatari riyals?
The highest daily close in our data is QAR 19,302 per ounce (QAR 620.59 per gram), on 28 January 2026: the international price converted at that day's exchange rate. The table of prices by year shows each year's high and low.
How has the gold price changed in Qatari riyals over 10 years?
From the end of 2015 to the end of 2025, gold went from QAR 3,858 to QAR 15,800 an ounce in Qatari riyals, a rise of 310%. Part of any change in a local currency comes from the exchange rate, not the metal.