Stabilization of Gold Prices in Jordan
Gold prices in Jordan have stabilized based on the prices provided by the General Syndicate of Owners of Trade and Jewelry Shops on May 19th.
Current Prices
For citizens, the purchase price of one gram of 21-carat gold is currently JD 48.7, with a selling price of JD 46.7. The purchase price of one gram of 24-carat gold stands at JD 56.1, with a selling price of JD 53.7. In the case of 18-carat gold, the purchase and selling prices are at JD 43.7 and JD 40.2, respectively.
Insight
Investors often turn to gold as a safe-haven asset during times of economic uncertainty, as its value tends to remain stable or even increase during unstable market conditions. The current stabilization of gold prices in Jordan can be attributed to various factors such as global economic trends, geopolitical tensions, and currency fluctuations.
