Doha: Gold prices rose 0.50% on Thursday during the current week to reach $4627.57000 per ounce, according to data issued by Qatar National Bank (QNB).

According to Qatar News Agency, spot gold rose to $4604.51710 an ounce recorded on Sunday. The increase in gold prices has been part of a broader trend observed in the precious metals market this week.

Among other precious metals, spot silver rose 0.32% to $69.17880 an ounce, compared to $69.01750 recorded early in the week. This reflects a moderate increase in value in the silver market.

Meanwhile, platinum experienced a decline, falling 1.36% to $1858.98000 per ounce. This is in contrast to the $1884.77950 recorded on Sunday, indicating a downward trend for platinum prices during the week.