Gold prices in Jordan have remained steady as per the latest figures from the General Syndicate of Owners of Trade and Jewelry Shops on June 22, 2024.
Current Gold Prices
For 21-carat gold, the purchase price for one gram is JD 47.2, while the selling price is JD 45.2. Meanwhile, the purchase price for one gram of 24-carat gold is JD 54.7, with a selling price of JD 52.3. The prices for 18-carat gold are at JD 42.2 for purchase and JD 38.7 for selling.
Insight
Gold prices tend to stabilize when there is no major economic or geopolitical news impacting the market. It is common for gold prices to fluctuate based on factors such as inflation, interest rates, and global economic conditions. Investors often turn to gold as a safe haven asset during times of uncertainty and volatility in the financial markets.
Furthermore, fluctuations in currency exchange rates can also influence gold prices in Jordan and other markets. Investors and traders closely monitor these factors to make informed decisions about buying and selling gold.