Gold Rates In Middle East; Gold Prices Jump In Saudi, Kuwait, Bahrain, Oman, Qatar As Iran Attacks

Gold rates in the Middle East outperformed gold rates in India on March 3, 2026, even when Iran continued to attack the majority of Arab countries after the US and Israel carried out coordinated and joint attacks on the Islamic Republic. Iran has been attacking US assets and bases in Qatar, Kuwait, Oman and Bahrain. Tensions in Saudi Arabia are also high due to being the nemesis of Iran. In the case of geopolitical tensions, gold, which is a safe-haven asset, becomes attractive.

24 Carat Gold Rates + 22 Carat Gold Rates + 18 Carat Gold Rates:

Gold Rates In Kuwait:

24 carat gold price in Kuwait surged by 1.80 Kuwaiti dinar to 526.20 Kuwaiti dinar in 10 grams, while 100 grams gold jumped by 18 Kuwaiti dinar to 5,262 Kuwaiti dinar.

Meanwhile, 22 carat and 18 carat gold rates climbed by 1.40 and 2 Kuwaiti dinar to 482.20 and 395 Kuwaiti dinars on March 3.

Gold prices in Kuwait climbed by nearly 7% in February month, outperforming gold rates in India who barely gained by 1% to 2%.

Gold Rates In Bahrain:

Following the broad-based upside trend, gold rates in Bahrain also climbed on Tuesday. 24 carat and 22 carat gold rates are up by 10 Bahraini dinar each to 657 and 612 Bahraini dinars in 10 grams. Further, the price was up by 100 Bahraini dinar in 100 grams to 6,570 Bahraini dinar in 24 carat and 6,120 Bahraini dinar in 22 carat.

Also, 18 carat gold price surged by 8 Bahraini dinar to 501 Bahraini dinar in 10 grams and up by 80 Bahraini dinar to 5,010 Bahraini dinar in 100 grams.

Gold Rates In Qatar:

Here, 24 carat gold price surged by 50 rials to 6,355 rials in 10 grams and is up by 500 rials to 63,550 rials in 100 grams. Meanwhile, 22 carat gold price advanced by 50 rials and 500 rials as well in 10 grams and 100 grams to 5,885 and 58,850 rials.

Furthermore, 18 carat gold rate soared by 41 rials to 4,815 rials and 100 grams zoomed by 410 rials to 48,150 rials.

Gold Rates In Saudi Arabia:

24 carat gold witnessed an upside of 60 Saudi riyals in 10 grams to 6,620 riyals on March 3rd. Also, 22 carat and 18 carat gold prices in 10 grams saw an upside of 50 riyals and 40 riyals to 6,020 riyals and 4,950 riyals respectively.

In case of 100 grams, 24 carat gold rose by 600 riyals to 66,200 riyals and 22 carat gold jumped by 500 riyals to 60,200 riyals and 18 carat gold is up by 400 to 49,250 riyals.

Gold Rates In Oman:

24 carat gold rate climbed by 3.50 to 673 Omani Rial in 10 grams and 100 grams gold here is up by 35 to 6,730 Omani Rial. Further, 22 carat gold price jumped by 3.50 rials in 10 grams to 628.50 rials and up by 35 rials 100 grams to 6,285 rials.

In case of 18 carat, 10 grams gold is up by 3 rials to 514 rials and was up by 30 rials to 5,140 rials.

Why Gold Rates In the World Rising?

As per Gaurav Garg, Research Analyst at Lemonn Markets Desk, the uptick was supported by weakness in the US dollar and elevated risk sentiment following trade policy developments and geopolitical jitters, strengthening demand for traditional hedges. Spot gold also reached multi-week highs on international markets, underscoring the broader bullish tone.

He further added that despite recent sharp swings earlier in February, current price action suggests investors are responding to macro triggers rather than a structural shift in trend.

Also, near term, metals may remain sensitive to global cues including currency movements and policy expectations.

The analyst added, volatility is likely to persist, and traders are advised to manage risk as bullion consolidates within its broader corrective phase.