In Qatar, the jewellery market is currently in a "calm before the storm" period as brands prepare for the Doha Jewellery & Watches Exhibition (DJWE) 2026 and the upcoming Mother's Day (March 21st). As of February 23, 2026, gold rates have hit high levels, but several major retailers are offering "Making Charge" (VA) discounts to offset the cost.
Top Brand & Retailer Offers
Joyalukkas Qatar
The major highlight right now is "The Biggest Jewellery Sale of the Year", which has been extended through late February.
* Making Charge Discount: They are offering a flat 40% OFF on making charges for gold, diamond, platinum, and silver jewellery.
* Gemstone Specials: Up to 20% off on precious gemstones and birthstones.
* Pendants & Rings: Specific online-to-offline deals include up to 40% off on diamond pendants and 30% off on "Finger Print" rings.
Damas Jewellery Qatar
Damas is focusing on a mix of clearance and new arrivals for 2026.
* Unmissable Sale: Selected 18K gold fashion lines and bridal sets are marked down by 30% to 50%.
* Online Exclusive: Use the promo code ALCOUPON or ACC90 on their Qatar website to get an additional 5% off on non-discounted items.
* Mother's Day Preview: They have begun showcasing early "Farfasha" and "Alif" collections specifically curated for March gifting.
Malabar Gold & Diamonds
* Price Protection: Malabar is heavily promoting their 10% advance booking scheme. This allows you to lock in today's gold rate and avoid paying more if prices continue to climb before your purchase.
* Free Gold Coins: At selected Doha branches (like D-Ring Road), purchases of diamond or precious gem jewellery over a certain value (typically QAR 2,500+) may qualify for a free gold coin.
Today's Gold Rates in Qatar (February 23, 2026)
Gold prices in Doha have seen a sharp increase this week. Retail rates per gram (indicative) are:
* 24K Gold: ~QAR 615.00
* 22K Gold: ~QAR 569.50
* 18K Gold: ~QAR 466.00
Upcoming 2026 Events
If you are planning a high-value purchase, it may be worth waiting for Qatar's "Big Two" events:
* Doha Jewellery & Watches Exhibition (DJWE) 2026: Scheduled for April 28 – May 3, 2026, at the Doha Exhibition & Convention Center (DECC). This is where global brands launch limited-edition pieces.
* ASJAD Exhibition: Keep an eye on Al Hazm Mall for the next edition of this luxury boutique event, which often features exclusive Qatari and Indian high-jewellery designers.
Shopping Tips for Qatar
* Gold Souq (Souq Waqif Area): For the best value on 21K and 22K gold by weight, head to the traditional Gold Souq. While branded malls have fixed discounts, souq merchants are more likely to negotiate the "Making Charge" down by 10–15% if you are buying multiple items.
* Tax-Free Shopping: Qatar has no VAT on gold, making it one of the most competitive places in the world to buy 24K investment bars and coins.
* Hallmarking: Every piece of gold in Qatar is strictly inspected. Look for the "Gazelle" or the official Qatari state hallmark to ensure the purity.
Top Brand & Retailer Offers
Joyalukkas Qatar
The major highlight right now is "The Biggest Jewellery Sale of the Year", which has been extended through late February.
* Making Charge Discount: They are offering a flat 40% OFF on making charges for gold, diamond, platinum, and silver jewellery.
* Gemstone Specials: Up to 20% off on precious gemstones and birthstones.
* Pendants & Rings: Specific online-to-offline deals include up to 40% off on diamond pendants and 30% off on "Finger Print" rings.
Damas Jewellery Qatar
Damas is focusing on a mix of clearance and new arrivals for 2026.
* Unmissable Sale: Selected 18K gold fashion lines and bridal sets are marked down by 30% to 50%.
* Online Exclusive: Use the promo code ALCOUPON or ACC90 on their Qatar website to get an additional 5% off on non-discounted items.
* Mother's Day Preview: They have begun showcasing early "Farfasha" and "Alif" collections specifically curated for March gifting.
Malabar Gold & Diamonds
* Price Protection: Malabar is heavily promoting their 10% advance booking scheme. This allows you to lock in today's gold rate and avoid paying more if prices continue to climb before your purchase.
* Free Gold Coins: At selected Doha branches (like D-Ring Road), purchases of diamond or precious gem jewellery over a certain value (typically QAR 2,500+) may qualify for a free gold coin.
Today's Gold Rates in Qatar (February 23, 2026)
Gold prices in Doha have seen a sharp increase this week. Retail rates per gram (indicative) are:
* 24K Gold: ~QAR 615.00
* 22K Gold: ~QAR 569.50
* 18K Gold: ~QAR 466.00
Upcoming 2026 Events
If you are planning a high-value purchase, it may be worth waiting for Qatar's "Big Two" events:
* Doha Jewellery & Watches Exhibition (DJWE) 2026: Scheduled for April 28 – May 3, 2026, at the Doha Exhibition & Convention Center (DECC). This is where global brands launch limited-edition pieces.
* ASJAD Exhibition: Keep an eye on Al Hazm Mall for the next edition of this luxury boutique event, which often features exclusive Qatari and Indian high-jewellery designers.
Shopping Tips for Qatar
* Gold Souq (Souq Waqif Area): For the best value on 21K and 22K gold by weight, head to the traditional Gold Souq. While branded malls have fixed discounts, souq merchants are more likely to negotiate the "Making Charge" down by 10–15% if you are buying multiple items.
* Tax-Free Shopping: Qatar has no VAT on gold, making it one of the most competitive places in the world to buy 24K investment bars and coins.
* Hallmarking: Every piece of gold in Qatar is strictly inspected. Look for the "Gazelle" or the official Qatari state hallmark to ensure the purity.
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