Doha: The price of gold in the Qatari market increased by 0.50 percent over the past week to stand at USD 3,389.450 per ounce today.

According to Qatar News Agency, Qatar National Bank (QNB) data showed that the price of gold increased from USD 3,372.542 recorded last Sunday.

As for other precious metals, silver fell by 0.44 percent on a weekly basis to reach USD 38.7 per ounce compared to USD 38.87250 at the start of the week. Platinum decreased by 1.12 percent to USD 1,352.87770 per ounce compared to USD 1,368.27880 at the beginning of the week.