Gold of all types recorded an unprecedented historical high in the local market, driven by a surge in global gold prices amid ongoing economic developments around the world.
اضافة اعلان
On Saturday, the selling price of 21-karat gold—the most preferred by citizens in the local market—reached 66.1 Jordanian dinars per gram at jewelry stores, while the buying price stood at 64.1 dinars. The selling prices for 24-karat, 18-karat, and 14-karat gold were 75.6 dinars, 59 dinars, and 44.7 dinars per gram, respectively.
According to Rabhi Allan, head of the General Syndicate of Owners of Jewelry and Gold Shops, the price of a 7-gram Rashadi gold coin reached 465 dinars, and the 8-gram English gold coin was priced at 530 dinars.
Allan told the Jordan News Agency (Petra) that demand for gold in the local market is very strong, especially for gold coins and bars for saving and investment purposes—particularly compared to the same time in previous years. He added that demand for gold jewelry intended for weddings is moderate, while the supply is described as “almost nonexistent.”
He also noted that gold recorded a new all-time high in the global market on Friday, reaching $3,240 per ounce, the highest price ever.
Allan attributed this surge to ongoing global economic developments and the trade war triggered by U.S. tariffs on many countries, which have unsettled global markets and led investors to turn to gold as a safe haven. He emphasized that global demand for gold from both governments and individuals is growing significantly, as they seek to hedge against uncertainty.
— (Petra News Agency)
