Gold Prices Rise by 70 Piasters in the Local Market

Gold Prices Rise by 70 Piasters in the Local Market
Gold Prices Rise by 70 Piasters in the Local Market
The price of 21-karat gold, the most in-demand among citizens in Jordan, reached 67.80 dinars per gram for selling at jewelry shops on Saturday, while the buying price stood at 65.80 dinars.اضافة اعلان

Prices for other gold purities per gram for buying from jewelers were as follows:

24 karat: 77.80 dinars

18 karat: 60.30 dinars

14 karat: 45.80 dinars

According to Rabhi Allan, President of the General Syndicate of Owners of Trade and Jewelry Shops, the price of:

Rashadi gold coin (7 grams): 472 dinars

English gold coin (8 grams): 540 dinars

Allan told Petra News Agency that demand for coins, bars, and ounces for saving and investment is moderate, while demand for gold jewelry remains weak.

He added that gold closed Friday’s global trading at $3,325 per ounce, highlighting that geopolitical tensions worldwide have made the gold market extremely volatile, with prices fluctuating up to $100 in a single day.