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The price of gold in the Qatari market decreased by 1.77% during this week, reaching approximately $4,092 per ounce, down from $4,166 at the beginning of the week, according to Qatar National Bank data. Other precious metals also saw declines, with the price of silver dropping by 1.11% to $56.41 per ounce, and platinum falling by 1.89% to $1,599.50 per ounce. The article discusses the reasons and forecasts for the decline in gold and precious metals prices, citing factors such as the rising dollar and strong global markets. It also explains the potential impact of these price changes on investors and traders in the Qatari market.
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