Gold prices in Jordan decline significantly as of Thursday morning Questions about the future direction of the gold market

Gold prices in Jordan witnessed a noticeable decline in the local market on Thursday morning, in a surprise many described as “shocking,” especially amid the ongoing market anticipation and price fluctuations over the recent period. This has raised questions among citizens and traders about the future direction of the market.

The selling price of one gram of 21-karat gold recorded a noticeable drop, reaching 95.7 dinars for retail sale in jewelry stores, compared to 91.2 dinars for buying, reflecting a rapid decline compared to the previous day’s pricing.

The decline also affected other karats, as the price of one gram of 24-karat gold reached about 109.4 dinars, while 18-karat gold stood at 84.9 dinars, and 14-karat gold at 66.5 dinars for retail sale, indicating a general decrease across various gold categories.

This drop comes amid clear anticipation among market participants, in light of ongoing price instability, prompting many citizens to delay buying or selling decisions while waiting for clearer indicators in the coming days.