Gold prices remain the talk of the Jordanian street Gold prices drop by 1.40 dinars

Amid anticipation and volatility, gold prices in the local market recorded a new decline on Thursday, as a clear sense of caution continues to dominate buying and selling activity.

According to the second daily price bulletin issued by the General Syndicate of Owners of Jewelry and Goldsmith Shops, the price of one gram of gold in the local market fell by 1.40 dinars, extending the wave of fluctuations seen in recent days.

The selling price of 21-karat gold — the most in demand in the local market — reached 99 dinars at jewelry shops, compared with 94.5 dinars for buying.

The selling prices of 24-, 18- and 14-karat gold stood at 113.5 dinars, 87.8 dinars, and 68.7 dinars, respectively.

Gold prices continue to dominate public conversation at the moment, following the sharp increases witnessed in recent weeks and the daily volatility that has unsettled both consumers and traders alike.

Workers in the jewelry market said that demand for gold for adornment purposes has noticeably declined, as many citizens have postponed purchasing decisions while waiting for clearer price trends in the coming period.

Traders also stressed that the prevailing state of anticipation reflects consumers’ concerns about continued price instability, at a time when gold is increasingly viewed as a savings and investment safe haven rather than an easy consumer purchase.