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Gold Prices at Souq Waqif Today
Souq Waqif in Old Doha is Qatar’s most famous and most visited traditional market. Its dedicated Gold Alley is Qatar’s premier destination for 21K and 22K gold jewelry, serving thousands of shoppers daily. Whether you’re buying a bridal set, investment gold, or a simple chain — Souq Waqif offers the best combination of price and selection in Qatar.
| Karat | Per Gram | Per Tola | Per Oz | Per 10g | Per Kg | 24h Change |
|---|---|---|---|---|---|---|
| 24 Karat | QAR 546.27 | QAR 6,371.57 | QAR 16,990.88 | QAR 5,462.69 | QAR 546,269.17 | — 0% |
| 22 Karat | QAR 500.75 | QAR 5,840.61 | QAR 15,574.98 | QAR 5,007.47 | QAR 500,746.74 | — 0% |
| 21 Karat | QAR 477.99 | QAR 5,575.13 | QAR 14,867.02 | QAR 4,779.86 | QAR 477,985.52 | — 0% |
| 18 Karat | QAR 409.70 | QAR 4,778.68 | QAR 12,743.16 | QAR 4,097.02 | QAR 409,701.87 | — 0% |
| 14 Karat | QAR 318.66 | QAR 3,716.75 | QAR 9,911.35 | QAR 3,186.57 | QAR 318,657.01 | — 0% |
| 10 Karat | QAR 227.61 | QAR 2,654.82 | QAR 7,079.53 | QAR 2,276.12 | QAR 227,612.15 | — 0% |
All prices in QAR · May 11, 11:09 AM
| Karat | Spot / Gram | Est. Buy Price | Est. Sell Price | Spread |
|---|---|---|---|---|
| 24K | QAR 546.27 | QAR 565.39 | QAR 508.03 | 10.1% |
| 22K | QAR 500.75 | QAR 518.28 | QAR 465.70 | 10.1% |
| 21K | QAR 477.99 | QAR 494.72 | QAR 444.53 | 10.1% |
| 18K | QAR 409.70 | QAR 424.04 | QAR 381.02 | 10.1% |
* Estimates only. Buy price includes typical making charges. Always verify with the dealer.
The Gold Souq at Souq Waqif — Complete Guide
Location & Layout
The gold alley runs through the heart of Souq Waqif, off Al Jasra Street. The covered walkway is lined with approximately 40–50 licensed gold shops on both sides. Shops are open-fronted, allowing you to browse jewelry displayed in illuminated windows.
Getting There
- Metro: Red Line → Al Souq Station → 8-minute walk through the souq
- Taxi/Uber: “Souq Waqif, Al Jasra Street” as destination
- Car: Souq Waqif paid parking garage or Al Corniche street parking
Best Time to Visit
Souq Waqif is open 9 AM – 12:30 PM and 4 PM – 11 PM (reduced hours Friday mornings). The evening session (6 PM–10 PM) is atmosphere-rich but busier. Weekday mornings are ideal for serious bargaining — less foot traffic, more focused jewelers.
Bargaining at Souq Waqif Gold Shops
Bargaining is an accepted part of gold shopping at Souq Waqif. Remember:
- The gold price (rate per gram) is fixed — based on international spot, non-negotiable
- The making charge (labor + design fee) IS negotiable. Start by asking for a 30% reduction
- Buying multiple pieces (e.g., a set: necklace + earrings + bangle) gives strong leverage
- Cash payment can secure an extra 1–3% off making charges
- Always ask: “What is the gold rate today?” — it should match our live rate above
What to Buy at Souq Waqif Gold Souq
- Best for: 21K and 22K jewelry in Arabic, Indian, and Gulf traditional designs
- Bridal sets: Multiple shops specialize in elaborate bridal jewelry in 21K and 22K
- Simple chains & bangles: Excellent value, making charges often under 5%
- Investment gold: Some shops sell 24K bars and coins at competitive premiums
| Date | 24K / Gram | 22K / Gram | Change |
|---|---|---|---|
| May 11, 2026 | QAR 548.36 | QAR 502.66 | — |
| May 10, 2026 | QAR 551.79 | QAR 505.81 | ▲ 0.63% |
| May 9, 2026 | QAR 551.79 | QAR 505.81 | — 0% |
| May 8, 2026 | QAR 552.60 | QAR 506.55 | ▲ 0.15% |
| May 7, 2026 | QAR 550.78 | QAR 504.88 | ▼ 0.33% |
| May 6, 2026 | QAR 543.65 | QAR 498.34 | ▼ 1.3% |
| May 5, 2026 | QAR 531.33 | QAR 487.06 | ▼ 2.26% |
| May 4, 2026 | QAR 539.00 | QAR 494.08 | ▲ 1.44% |
| May 3, 2026 | QAR 539.98 | QAR 494.98 | ▲ 0.18% |
| May 2, 2026 | QAR 539.98 | QAR 494.98 | — 0% |
Hidden Tips for Souq Waqif Gold Shopping
Walk the entire alley before committing to any shop — window-shop first, compare designs and displayed rates. Ask each shop to write the weight, karat, making charge, and total price on paper before deciding. Qatar Consumer Protection Law requires jewelers to provide itemized receipts on request.