The yellow metal soars high and raises concerns among citizens

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The yellow metal continues to dominate the scene in Jordan The selling price of one gram of 24-karat gold reached about 106.90 dinars
Gold prices continue to surprise Jordanians with their successive increases, described as “astronomical.” Despite recording slight declines on some days compared to the previous day, these limited drops have not concealed the fact that the yellow metal is still posting record levels, dominating the economic scene and sparking widespread questions about the future of gold prices in the coming days.
According to the price list issued by the General Syndicate of Owners of Jewelry and Goldsmith Shops, the selling price of one gram of 21-karat gold in the local market on Thursday reached 93.40 dinars for sale at jewelry shops, compared to 89.80 dinars for buying.
The selling price of one gram of 24-karat gold was recorded at approximately 106.90 dinars, while 18-karat gold reached about 83.00 dinars, and 14-karat gold stood at around 92.90 dinars, for sale at jewelry shops.
Despite these high levels, the selling price of one gram of 21-karat gold saw a slight decrease of half a dinar compared to yesterday, Wednesday. However, this decline did not ease citizens’ concerns, amid ongoing uncertainty about the future direction of gold prices and their sensitivity to global economic factors and market fluctuations.
