Precious Metal Derivatives - Qatar

Qatar

The nominal value in the Precious Metal Derivatives market is projected to reach US$5.34bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.59% resulting in a projected total amount of US$7.01bn by 2029.
The average price per contract in the Precious Metal Derivatives market amounts to US$1.02 in 2024.
From a global comparison perspective it is shown that the highest nominal value is reached in the United States (US$11,920.00bn in 2024).
In the Precious Metal Derivatives market, the number of contracts is expected to amount to 6.02k by 2029.

Market

Region

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Currency

Analyst Opinion

The Precious Metal Derivatives market in Qatar is experiencing a notable shift in recent years. Customer preferences in Qatar are increasingly leaning towards investing in Precious Metal Derivatives as a way to diversify their investment portfolios and hedge against market volatility.

This trend is in line with global patterns where investors seek alternative investment options beyond traditional stocks and bonds. Trends in the market show a growing interest from both retail and institutional investors in Qatar towards Precious Metal Derivatives. The market is witnessing an increase in trading volumes and a broader range of derivative products being offered to cater to the evolving needs of investors in the country.

Local special circumstances, such as Qatar's strategic position as a financial hub in the Middle East, are contributing to the development of the Precious Metal Derivatives market. The country's robust regulatory framework and investor-friendly environment are attracting market participants and fostering growth in the derivatives market. Underlying macroeconomic factors, including global geopolitical tensions and economic uncertainties, are driving investors in Qatar to seek safe-haven assets like Precious Metal Derivatives.

The perceived stability of precious metals in times of market turbulence is a key factor influencing investment decisions in the country.

Methodology

Data coverage:

Figures are based on commodity derivatives, their notional value, the number of contracts traded, the open interest (outstanding contracts at the end of a year), and the average value of a contract.

Modeling approach / Market size:

Market sizes are determined by a Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use market research & analysis, and data of World Bank, as well as the World Federation of Exchanges. Furthermore, we use relevant key market indicators and data from country-specific associations and national data bureaus such as GDP, wealth per capita, and the online banking penetration rate. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. In this market, we use the HOLT-damped Trend method to forecast future development. The main drivers are GDP per capita an the online banking penetration rate.

Additional Notes:

The market is updated twice per year in case market dynamics change.