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Jordanian Gold Prices Rise Amid Global Market Volatility

Guavy AI Editorial Team
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Gold
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The price of 21-karat gold in Jordan has increased to JD103.60 per gram for sales at jewelry shops, compared to JD98.90 for purchases.

This represents a significant rise amid weak supply and demand, according to Rebhi Allan, President of the General Syndicate for Owners of Trading Shops and Gold and Jewelry Goldsmiths.

The prices for 24-karat and 18-karat gold for purchase from jewelry shops stood at JD118.80 and JD92.30 per gram respectively.

Allan noted that the global market saw a weekly trading session close on Friday at $5,106 per ounce, with prices rising by $150 during Thursday and Friday's sessions.

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