Gold prices stabilize in Jordan
Published :
6 hours ago|
Last Updated :
6 hours ago|
Sunday, the prices of gold in Jordan have stabilized, based on the latest figures provided by the Jordanian Jewelers Syndicate (JJS).
For 21-carat gold, the current purchase price per gram is JD 48.5, while the selling price is JD 46.6.
Meanwhile, the purchase price for one gram of 24-carat gold is JD 56, with a selling price of JD 53.6.
For 18-carat gold, the selling and purchase prices are JD 43.3 and JD 39.8 respectively.
Insight: Factors influencing gold prices
The stability in gold prices in Jordan can be attributed to various factors that influence the precious metal’s value. International economic conditions, geopolitical tensions, inflation rates, and currency fluctuations are some of the key factors that play a role in determining the price of gold. Investors often turn to gold as a safe-haven asset during times of uncertainty, which can impact its demand and subsequently its price. Additionally, the demand for gold in jewelry and industrial sectors also contributes to its price movement.
