Gold prices fluctuate in light of global economic factors Gold of 21-carat reached 100 dinars on Wednesday.

Gold prices in the Jordanian market witnessed a state of fluctuation in the recent period, with prices swinging between rise and fall, reflecting the impact of local and global economic factors on the precious metal.

According to the General Association of Owners of Jewelry and Gold Shops, the selling price of one gram of 21-carat gold on Wednesday reached 100 dinars, compared to 95.30 dinars for purchase. The gram prices for 24, 18, and 14-carat gold for sale in jewelry shops were 114.80, 89.10, and 69.70 dinars respectively.

Public anticipation for future prices

Jordanians pay special attention to gold price movements and follow the market daily, amid mixed expectations about the future direction of prices. This interest reflects citizens’ awareness of the precious metal as one of the most important means of saving and protecting savings from financial market fluctuations.

It is noted that the current fluctuation makes gold a constantly renewed investment material for the public, as some seek to seize suitable opportunities to buy before any potential rise, while others prefer to sell to benefit from short-term price increases.