Local Gold Prices Remain Stable

Local Gold Prices Remain Stable
Local Gold Prices Remain Stable
The selling price of 21-karat gold—the most popular among citizens in the local market—stood at JOD 98.40 per gram at jewelry shops on Saturday, while the buying price was recorded at JOD 94.20.اضافة اعلان

For other carats, the selling prices per gram for 24, 18, and 14-karat gold reached JOD 112.60, JOD 87.10, and JOD 68.10, respectively.

Gold Coins and Market Activity
Ribhi Allan, head of the General Syndicate for Owners of Jewelry and Goldsmithing Shops, told the Jordan News Agency (PETRA) that:

The Rashadi gold coin (7 grams) reached JOD 682.

The English gold coin (8 grams) reached JOD 780.

Allan noted that supply and demand in the local market remained weak throughout the past week.

Global Context
The yellow metal closed its weekly global trading on Friday at $4,830 per ounce. Allan emphasized that "relative stability" has been the prominent feature of gold prices during the recent period.

— (PETRA)