Qatar Gold Prices Under Pressure as Rate Hike Bets Build Ahead of Fed Meeting

Gold prices in Qatar remained under pressure on Sunday, October 25, 2026, as the market tracked a global decline that pushed the precious metal below $4,000 an ounce.

The retreat came amid mounting concerns that US inflation could remain persistent, fuelling expectations of higher interest rates ahead of the Federal Reserve’s meeting.

Those expectations pose a challenge for gold, which pays no interest. Higher rates can make interest-bearing assets more attractive, reducing demand for the precious metal.

For buyers in Qatar, the international price decline provides an important backdrop to local gold pricing. Domestic retail prices also depend on purity and charges applied by sellers.

Attention is now focused on the Fed’s upcoming decision and any signals about its response to inflation, with the outlook for interest rates weighing on gold sentiment.